“While we took care of the business users that fit ThoughtSpot organically, Mode gives us this amazing presence with the data teams, the data engineering and data analyst personas. ![]() Mode Analytics’ code-first approach also creates additional opportunities in embedded analytics for ThoughtSpot. The acquisition, expected to close later this year, also provides ThoughtSpot with an opportunity to introduce the Mode Analytics platform to its extensive partner base. ![]() Analytics platform provider ThoughtSpot is acquiring business intelligence software developer Mode Analytics in a $200 million cash and equity deal that ThoughtSpot said will double its customer base, accelerate annual recurring revenue (ARR) and deepen its technology portfolio for data analysts and data engineers.
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