Analyst Coverage: Philip Howard
Paxata was founded in 2012 and its Adaptive Data Preparation product was launched the following year. The company is based in the United States (California) and has approximately 45 employees. The organisation is VC funded, by Accel Partners and, notably, by In-Q-Tel, which is a not for profit VC fund that was originally established by the CIA and which supports the development of technologies deemed useful for US national security purposes. In commercial environments Paxata targets industries where the volume and variety of data needed for analytics poses a significant business challenge.