ThoughtSpot Named One of 50 Highest Rated Private Cloud Computing Companies to Work For

Ranked at number 40, List Showcases Private Cloud Companies with the
Highest Levels of Employee Satisfaction

SUNNYVALE, Calif.–(BUSINESS WIRE)–ThoughtSpot,
the leader in search & AI-driven analytics, was recognized as one of the 50
Highest Rated Private Cloud Computing Companies To Work For
in a
list released by Battery
Ventures
, a global investment firm and cloud investor, with data
specifically provided by Glassdoor*,
one of the world’s largest job and recruiting sites. The list highlights
50 privately held companies—all business-to-business, cloud-computing
companies—where employees report the highest levels of satisfaction at
work, according to employee feedback shared on Glassdoor.

The distinction placed ThoughtSpot at number 40 (out of 50 total) with
an overall company rating of 4.6. The broader average across Glassdoor
is 3.4. ThoughtSpot’s CEO, Sudheesh Nair, boasts a 100% approval rating
on Glassdoor—compared to an average of 69% for all approximately 900,000
employers on the site—and the company has a 91% positive
business-outlook rating, again based on feedback shared by employees.
The broader Glassdoor average is 49%. A positive business outlook means
employees believe business will improve in the next six months.

This is the third year Battery has issued the list, along with a related
ranking of the 25 Highest Rated Public Cloud Computing Companies to Work
For. The rankings highlight the broader trend of businesses increasingly
turning to the cloud to run critical technology systems and software,
instead of using on-premise systems.

They also highlight the increasing importance of cohesive culture and
employee happiness in running a successful business, said Neeraj
Agrawal, a Battery general partner who specializes in cloud investing.

“The private companies on this list have not only scaled their products,
teams and business functions—but they’ve managed to scale culture,”
Agrawal said. “We view these rankings as a key indicator of company
health and longevity, and we hope all companies on this list view it as
an honor to be included.” It was also more difficult to make the list
this year, compared with last year, Agrawal added. A Glassdoor economic
research study,
as well as other third party studies,
show that companies with high employee satisfaction often post stronger
financial performance.

“At ThoughtSpot, we have a highly ambitious goal to create a more
fact-driven world by empowering every person with the ability to analyze
data. We’re lucky enough to have a team with the passion, talent, and
grit to drive such transformation,” said ThoughtSpot CEO Sudheesh Nair.
“I’m incredibly honored to work with a team that embodies our culture of
selfless excellence, going above and beyond at everything they do not
for personal glory, but for the good of the team, our customers, and
society at large. Today’s recognition from Battery Ventures and
Glassdoor is a testament to every ThoughtSpotter for building a company
where people can do the best work of their lives.”

Glassdoor noted that employees at these highly rated companies commonly
mention in online reviews that they enjoy working for mission-driven
companies with strong and unique company cultures; employers that
promote transparency; and companies with experienced senior leaders who
regularly and clearly communicate with employees. For instance,
according to one anonymous employee review of ThoughtSpot on Glassdoor,
the best parts of working at ThoughtSpot include:

“The culture! Our leaders talk all day about self-less excellence and
it’s so true! Everyone goes out of their way to be a team player and
work on the big picture goal. And the opportunities! This market is HOT
and once you see the product and the company’s vision, the sky is the
limit. This product can change the world for the better.”

Full lists of the highest-rated 50 private cloud companies and 25 public
cloud companies to work for can be found here.

About ThoughtSpot

The world’s most innovative enterprises use ThoughtSpot to empower every
person in their organization, from C-suite executive to front-line
employee, with the ability to quickly uncover data-driven insights. With
ThoughtSpot, business people can type a simple Google-like search in
natural language to instantly analyze billions of rows of data, and
leverage artificial intelligence to get trusted, relevant insights
pushed to them as answers to thousands of questions they might not have
thought to ask. ThoughtSpot is simple enough for any business person to
use, yet powerful enough to handle even the largest, most complex
enterprise data without sacrificing speed, security, or governance.
That’s why customers like 7-11, BT, Celebrity Cruises, Daimler, De
Beers, Hulu, Miami Children’s Health System, Nationwide Building
Society, and Scotiabank have turned to ThoughtSpot to transform their
decision-making cultures and analyst firm Gartner named ThoughtSpot a
Leader in the 2019
Magic Quadrant
. By making insights a part of every conversation and
every decision, ThoughtSpot is reimagining the role of data in creating
a more fact-driven world. For more information, please visit www.thoughtspot.com.

About Battery Ventures

Battery strives to invest in cutting-edge, category-defining businesses
in markets including software and services, Web infrastructure, consumer
Internet, mobile and industrial technologies. Founded in 1983, the firm
backs companies at stages ranging from seed to private equity and
invests globally from offices in Boston, the San Francisco Bay Area,
London, New York and Israel. Follow the firm on Twitter
@BatteryVentures, visit our website at www.battery.com and
find a full list of Battery’s portfolio companies here.

*By a company name, denotes a Battery investment. For a full list of
all Battery investments and exits, please click
here.

Contacts

Ryan Mattison
[email protected]

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