#Carto series insight full#
With support for Google BigQuery, Snowflake, Amazon Redshift, Databricks, and PostgreSQL systems, CARTO provides a full cloud-native approach to spatial analytics versus legacy GIS systems. And now with many organizations moving to the cloud, CARTO enables an end-to-end analytics workflow on location data, directly on top of the major cloud data warehouses. Trusted by market leaders such as JLL, Mastercard, and T-Mobile, CARTO has long led the charge in enabling analysts to use SQL for spatial use cases.
This latest funding round will be used to further accelerate these cloud integrations, enabling the New York-based company to continue its rapid growth in verticals such as consumer packaged goods (CPG), retail, logistics, telecoms, etc. And traditionally, this type of analytics was carried out by specialized analysts in the GIS industry, but with CARTO’s location intelligence platform, access to this technology is now democratized by enabling a spatial analysis on cloud data warehouses using a structured query language (SQL). Spatial analytics helps organizations to not only understand where things happen but why they happen. These are the details.ĬARTO - a cloud-native spatial analysis platform - recently announced the closure of a $61 million Series C round led by New York-based global venture capital and private equity firm Insight Partners with participation from the European Investment Fund, as well as existing investors Accel, Salesforce Ventures, Hearst Ventures, Earlybird and Kibo. CARTO - a cloud-native spatial analysis platform - recently announced the closure of a $61 million Series C round.
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