附近上门

raised $248 million in its Series E, the company announced Wednesday, bringing its valuation to nearly $2 billion.

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The business analytics startup, which competes with companies like Looker, Domo, and InsightSquared, now has in total funding, according to its 附近上门 profile.

Since its $145 million Series D in May 2018, the company has invested $25 million in its office in Bangalore, India and opened new offices in Singapore, Tokyo and Dusseldorf, Germany. ThoughtSpot鈥檚 valuation after its Series D was , according to 附近上门.

With the new cash, the company plans to focus on its international expansion efforts, invest in research and development and grow through acquisitions, CEO Sudheesh Nair said in an interview with 附近上门 News.

鈥淚nternally, we sort of look at this as a mini-IPO,鈥� Nair said.

The company鈥檚 goal over the next year is to have half of its research and development coming out of its Bangalore office, which has more than 200 people, with the other half coming from its U.S. offices in Sunnyvale and Seattle. ThoughtSpot, which focuses on large global customers, is also looking to grow in markets like Singapore, Tokyo, and Australia.

In Europe, its major presence right now is in Germany, London, the Netherlands and France, Nair said. But still, it鈥檚 important for the company to invest in smaller-but-still-important markets like Switzerland, Belgium and the Nordic region of Europe, Nair said, adding that ThoughtSpot wants to be 鈥渁 truly global company.鈥�

On the acquisition front, Nair said he didn鈥檛 have any particular companies in mind. ThoughtSpot has not made any acquisitions before, according to its 附近上门 profile.

鈥淲e have ample opportunities to go and look for other entrepreneurs building similar things… and make them part of ThoughtSpot,鈥� Nair said. ThoughtSpot has all together more than $350 million in the bank, Nair said.

ThoughtSpot has said in the past that it has the goal of reaching 20 million users by 2020. The company wouldn鈥檛 say if it had met that goal yet or how close it is to reaching the milestone, but said that it has more than 250 customers, and most customers have hundreds, if not thousands, of users. Walmart and Hulu are among ThoughtSpot鈥檚 customers.

With its newfound unicorn status, Nair said he wants the company, which was founded in 2012, to be responsible with its growth and take the time to learn more about its customers and its own business. But he would eventually like ThoughtSpot to go public.

鈥淲e just want to be very responsible when it comes to investing by measuring ROI,鈥� Nair said.