Let’s take a break from obsessing about GDPR and obsess about blockchain. TechCrunch says venture capitalists have invested more than $1.3 billion so far this year, more than the previous eighteen months combined. Not really surprising.
“Self-Learning Data Platform” Reltio has raised $45 million in new funding, bringing their total to $117 million. Reltio’s roots are in master data management but it now focuses primarily on unified customer databases and related tools for analytics and recommendations. The “self-learning” label relates to use of machine learning to generate insights and recommendations.
Visual analytics vendor Arcadia Data is also jumping on the GDPR bandwagon. You might find the connection tenuous but they do have data security and governance features that could help with GDPR compliance. David Meerman Scott calls this “newsjacking”. Many firms are doing it.
Salesforce has reversed course on its bid to acquire data management and integration platform Informatica a source has told Reuters. Informatica itself said that it is not in talks to be acquired. Salesforce stocks rose on this latest news while Informatica’s fell.