About IBM watsonx.data
IBM watsonx.data is a Technology company based in San Mateo (United States) founded in 2020 by Dipti Borkar and Steven Mih, and was acquired by IBM in April 2023. DB-based data lake analytics solutions are provided by Ahana. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. IBM watsonx.data has raised $31.75 million across 4 funding rounds from investors including IBM, Liberty Global and Google Ventures. The company has 5 employees. Its chief executive, as recorded, is Steven Mih. Its Indian entity Ahana Ray Technologies India Private Limited reported revenue of ₹96.9 Lakh. The company was acqui-hired. IBM watsonx.data offers products and services including watsonx.data, watsonx.data integration, and watsonx.data intelligence. Its focus areas include Data Management and Data Lakehouse Solutions. Its competitors include Starburst, YugabyteDB and Dremio; 3 of its 3 listed competitors have raised funding.
Company details
IBM watsonx.data is recognized as a hybrid, open data lakehouse designed for enterprise AI and analytics. Data integration, enrichment, and governance are provided to enhance AI accuracy by up to 40. Structured and unstructured data are unified to support generative AI applications. Solutions are deployable across public, private, hybrid cloud, or on-premises environments. Cost optimization is achieved through a multi-engine architecture, ensuring performance with growing data volumes. Sectors such as technology, finance, sports, and environmental management are served with tailored data solutions.
- Headquarters San Mateo, United States
- Employees 5
- Founders Dipti Borkar, Steven Mih
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website ahana.io
- Social LinkedIn X
- Acquired by IBM (Apr 2023)
- Legal Name Ibm Corporation
- Date of Incorporation 23 Sep, 2020
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹96.9 Lakh
FY 2021
- Indian entity net profit₹9.5 Lakh
FY 2021 · 10% margin
- Indian entity EBITDA₹14.6 Lakh
FY 2021 · 15% margin
- Total Equity Funding$31.75M (USD)
in 4 rounds
- Latest Funding Round$7.2M (USD), Series A
Jun 2022
- InvestorsIBM
& 4 more
- Employee Count5
- Acquired by
Associated legal entities of IBM watsonx.data
IBM watsonx.data operates through Ahana Ray Technologies India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ahana Ray Technologies India Private Limited CIN U72900KA2020FTC138919 | Amalgamated | 23 Sep 2020 | Bangalore, Karnataka | ₹1.0 Cr | 5 | 2 | View details |
Products & Services of IBM watsonx.data
IBM watsonx.data offers a comprehensive portfolio of products and services, including watsonx.data, watsonx.data integration, and watsonx.data intelligence.
Hybrid data lakehouse for AI and analytics is provided.
Data unification across structured and unstructured is enabled.
Data assets are curated and governed for AI.
Funding Insights of IBM watsonx.data
IBM watsonx.data has successfully raised a total of $31.75M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $31.75M
- Total Rounds 4
- Last Round Series A — $7.2M
- First Round $2.25M
(Jun 2020)
- Investors Count 4
All 4 funding rounds of IBM watsonx.data with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $7.2M | Series A | – | Liberty Global | |
| Aug 2021 | $20M | Series A | – | Third Point Ventures | |
| Sep 2020 | $2.3M | Seed | – | Lux Capital | |
| Jun 2020 | $2.25M | Seed | – | Google Ventures | – |
5 investors in total: 5 institutional.
Investors in IBM watsonx.data
IBM watsonx.data has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, Liberty Global and Google Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Corporate-backed venture capital is focused on fintech and multiple sectors. | thirdpointventures.com | Menlo Park, United States | ||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Mobile communication and broadband network services are provided worldwide. | 2005 | libertyglobal.com | London, United Kingdom | |
Hybrid cloud and DevOps automation are delivered to enterprises. | 1911 | ibm.com | United States |
Investor details for IBM watsonx.data
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Board of directors of Ahana Ray Technologies India Private Limited (IBM watsonx.data)
Ahana Ray Technologies India Private Limited is the primary company behind IBM watsonx.data. The board of Ahana Ray Technologies India Private Limited currently have 2 directors; the longest-serving is Bipin Poonacha Ponnengada, appointed in 2023. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bipin Poonacha Ponnengada DIN 10336669 | Director | 14 Dec 2023 | 2 yrs 10 mo | Ahana Ray Technologies India Private Limited |
| Pramod Abraham Korah DIN 10336719 | Director | 14 Dec 2023 | 2 yrs 10 mo | Ahana Ray Technologies India Private Limited |
People of IBM watsonx.data
17 people are tracked at IBM watsonx.data (4 in leadership, 2 in board & advisors, 11 in team); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Dipti Borkar | Co-Founder & CPO | Leadership |
| Co-Founder & CEO | Leadership | |
George Wang | Co-Founder & Principal Software Engineer | Leadership |
Vivek Bharathan | Co-Founder and Principal Engineer | Leadership |
Bob Wiederhold | Advisor | Board & advisors |
Robert Schwartz | Director | Board & advisors |
Pratyaksh Sharma | Senior Open Source Developer | Team |
Linsong W. | Engineering Productivity Lead and Presto Release Manager | Team |
Rohan Pednekar | Senior Product Manager | Team |
Sean Cosentino | Sales Development Representative | Team |
Wills F. | Principal Software Engineer | Team |
Deepak Majeti | Principal Engineer | Team |
Reetika Agrawal | Staff Software Engineer | Team |
Aditi Pandit | Principal Engineer | Team |
Ying Su | Principal Software Engineer | Team |
Jalpreet Singh Nanda | Staff Software Engineer | Team |
Anant Aneja | Software Engineer | Team |
Complete people profiles for IBM watsonx.data
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Financials of IBM watsonx.data
Figures of Ahana Ray Technologies India Private Limited, the primary company behind IBM watsonx.data, for FY 2021. Revenue was ₹96.9 Lakh. Net profit was ₹9.5 Lakh (10% margin). EBITDA was ₹14.6 Lakh (15% margin).
- ₹96.9 LakhRevenue · FY 2021
- ₹9.5 LakhNet profit · 10% margin
- ₹14.6 LakhEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 5Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ahana Ray Technologies India Private Limited are on its company page.
Detailed financial statements for IBM watsonx.data
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of IBM watsonx.data
Competitors of IBM watsonx.data
IBM watsonx.data has 3 listed competitors in our database, 3 of them funded. They include Starburst, YugabyteDB and Dremio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| starburst.io | 2017 | Boston, United States | $414M | 139 | Starburst is recognized as a leading data lakehouse platform provider. | |
| yugabyte.com | 2016 | Sunnyvale, United States | $291M | 103 | An open-source cloud-native database is provided for enterprise applications. | |
| dremio.com | 2015 | Mountain View, United States | $420M | Cloud based analytical processing and data lake engine for businesses |
Detailed competitors of IBM watsonx.data
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Top companies in Big Data & Cloud Infrastructure
3 companies that operate in the same segment as IBM watsonx.data (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 20.67 B | USD 15.9 M | 5,679 | |
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 |
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Related news about Ibm Watsonx.Data
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Frequently Asked Questions about IBM watsonx.data
IBM watsonx.data was founded in 2020.
IBM watsonx.data is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Steven Mih is the CEO of IBM watsonx.data, as recorded in our data. They have also founded this company.
IBM watsonx.data is a funded company, having raised a total of $31.75M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.25M, raised on Jun 2020.
IBM watsonx.data has 5 employees.
The primary company behind IBM watsonx.data, Ahana Ray Technologies India Private Limited, reported revenue of ₹96.9 Lakh for FY 2021.
IBM watsonx.data is recognized as a hybrid, open data lakehouse designed for enterprise AI and analytics. Data integration, enrichment, and governance are provided to enhance AI accuracy by up to 40. Structured and unstructured data are unified to support generative AI applications. Solutions are deployable across public, private, hybrid cloud, or on-premises environments. Cost optimization is achieved through a multi-engine architecture, ensuring performance with growing data volumes. Sectors such as technology, finance, sports, and environmental management are served with tailored data solutions.
IBM watsonx.data's top competitors include Starburst, YugabyteDB and Dremio.
IBM watsonx.data offers watsonx.data, watsonx.data integration, and watsonx.data intelligence.
IBM watsonx.data has 5 investors. Key investors include IBM, Liberty Global, Google Ventures, Third Point Ventures, and Lux Capital.
IBM watsonx.data operates through Ahana Ray Technologies India Private Limited.
Yes. IBM watsonx.data was acquired by IBM in April 2023.