Toba Capital leads seed round for Cursor


San Francisco-based Cursor, a data search and analytics hub, has secured $2 million in seed funding. Toba Capital led the round with participation from other investors that included Ride Ventures.

PRESS RELEASE

SAN FRANCISCO, May 30, 2018 — Cursor today launched the world’s first data search and analytics hub out of closed beta. The company also announced the raise of $2 million in seed funding led by Toba Capital, with participation from Ride Ventures and several angel investors.

Cursor is free to start using today and has been adopted by teams at industry-leading organizations including Apple, Atlassian, Deloitte, Incedo, LinkedIn, NovumRx, Slack, and more.

Cursor delivers a unified search experience across a company’s data assets — including queries, databases, and dashboards — making it easy for both business and technical users to quickly find the answer to any data question. Designed to scale from a single user to the largest enterprises, Cursor’s platform is easy and secure to deploy, and enables users to:

Search: Cursor searches across a company’s SQL queries, database metadata, and existing business intelligence platforms (e.g. Tableau, PowerBI, Looker, and more) to help pinpoint where the best answers live.

Execute: Cursor integrates a modern query editor that works with both on-premise and cloud-based databases.

Collaborate: By connecting business users and data practitioners, Cursor helps bridge the communication gap inside large enterprises while creating an organic history for future reference.

“Data has the potential to drive massive transformation across every industry. However, the explosion of SaaS tools has caused data to become increasingly fragmented and difficult to find,” said Adam Weinstein, co-founder and CEO of Cursor, who was previously a leader on LinkedIn’s analytics team. “While at LinkedIn, my team lacked a unified way to capture the work we did, resulting in hours of repeat work and lost institutional knowledge. I found that many of my peers in the data community grapple with the same issues. With Cursor, we’re going beyond building a data catalog and solving a problem that both business leaders and data teams face in a way that’s simple, scalable, and collaborative.”

Prior to LinkedIn, Weinstein was Head of Analytics at Bright, an AI-powered recruiting platform acquired by LinkedIn. At Bright, Weinstein helped trailblaze the use of big data in the job search process, which LinkedIn continues to use to drive its core Talent Solutions business. Weinstein was also the first business intelligence team member at ExactTarget, which was acquired by Salesforce for $2.5B and today is at the core of Salesforce Marketing Cloud.

“Adam and his team have extensive knowledge of how to unlock the power of data, and Cursor empowers users of all types to do that at scale,” said Patrick Mathieson, software investor at Toba Capital. “There has never been a more relevant time to introduce a solution like this, with the quantity of data exploding and the demand for leaders to make data-driven decisions.”

For more information, and to start getting actionable insights from your data, visit Cursor.com.

About Cursor
Cursor offers a data search and analytics hub that makes disparate data accessible and actionable, enabling technical and business users alike to effortlessly get answers, collaborate and gain insights. Founded by a trio of data leaders from Salesforce, LinkedIn, and Pandora, Cursor’s easy-to-deploy software has been adopted by teams at Apple, Atlassian, Deloitte, Incedo, LinkedIn, NovumRx, and Slack. Cursor is based in San Francisco, CA.