ServiceNow acquires Data.World months after snatching up Moveworks

Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015, and previously raised more than $130 million in venture financing from firms such as Alumni Ventures, Prologis Ventures, and Shasta Ventures, according to Crunchbase. The terms of the deal weren’t disclosed. Data.World was most recently valued at $350 million in the company’s 2022 $50 million Series C round, per PitchBook. Gaurav Rewari, an SVP and GM of data analytics at ServiceNow, told TechCrunch that ServiceNow was looking for companies they could partner with that would help customers deploy AI at scale. Specifically, ServiceNow was looking to give businesses better resources to make their data “AI-ready.” “As I like to say, this path to agentic ‘AI heaven’ goes through so ... Read full article.