Panoply

Company Overview

Snapshot

Founded in April 2015 by Yaniv Leven and Roi Avinoam, Panoply operated with 11–50 employees. The company raised $24.3M across 4 funding rounds from 9 investors before being acquired by SQream Technologies in December 2021.

Business overview

Panoply provides an end-to-end enterprise data platform designed for analysts, functioning as analytical data middleware. Its core technology aims to streamline data extraction, management, and query optimization, freeing IT staff for business-oriented tasks and enabling rapid analytical iterations. Panoply serves various industries, including financial services, healthcare, and commerce & retail, operating within the business software sector with a focus on IT, R&D & Data Solutions, and Data Analysis & Decision Support.

Strategic signal

In December 2021, Panoply was acquired by SQream Technologies in a deal valued between $60-70 million. This acquisition signals a strategic consolidation within the data management and analytics market, indicating that Panoply's technology and customer base were highly valued. For investors, this demonstrates a successful exit for Panoply's backers and highlights the ongoing demand for specialized data solutions that can be integrated into larger enterprise offerings.

Company Intelligence Q&A

When was Panoply acquired?

Panoply was acquired by SQream Technologies in December 2021.

What was the acquisition value of Panoply?

Panoply was acquired by SQream Technologies in December 2021 for an estimated $60-70 million.

Which investors participated in Panoply's October 2020 funding round?

In October 2020, Panoply received funding from Ibex Investors and Mizrahi-Tefahot.

What was a notable recognition for Panoply in 2019?

In June 2019, Panoply was named one of the "Cool Vendors in Data Management, 2019" by the Gartner Research Group.

Which companies collaborated with Panoply in December 2017?

In December 2017, Panoply collaborated with Stitch and Chartio to provide an automatic cloud data stack.