Polestar Analytics, a leader in AI-driven data analytics and enterprise planning, announced it has raised $12.5 million in growth capital from a consortium of U.S.-based family offices and institutional investors. The fresh funding will accelerate the advancement of Polestar’s AI capabilities and strengthen the development of its proprietary 1Platform, recognized as one of the industry’s most effective enterprise-scale data convergence solutions.
“This investment marks a pivotal moment in our mission to redefine how enterprises harness data and AI,” said Chetan Alsisaria, CEO of Polestar Analytics. “The funding allows us to accelerate innovation and continue delivering measurable business outcomes that set new industry benchmarks.”
Alongside the investment, Polestar Analytics announced the appointment of Michel Combes as Chair of the Board. Combes brings over three decades of global leadership across technology and telecommunications. He currently serves as Executive Chairman & Acting CEO of Brightspeed and as a member of the Executive Advisory Council at Apollo. In addition, he is a Partner at ForgeLight and sits on the boards of multinational organizations including Philip Morris International, E& (Etisalat), and F5 Inc.
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Combes has held several high-profile executive roles, including CEO and President of SoftBank Group International, CEO of Sprint (U.S.), CEO of Altice N.V., CEO of Alcatel-Lucent, and CEO of Vodafone Europe, as well as leadership roles at France Télécom and TDF Group. His proven track record in scaling global enterprises is expected to play a pivotal role in Polestar’s next phase of growth.
“I am delighted to join Polestar Analytics as Chair of the Board at this pivotal moment in the company’s growth,” said Michel Combes. “Polestar Analytics has established itself as a leader in data analytics and AI, with its proprietary 1Platform setting new benchmarks for data convergence and intelligent insights. I have great confidence in the leadership team and their strategic vision. With the recent investment, Polestar Analytics is well positioned to accelerate innovation, expand its AI offerings, and deliver even greater value to customers worldwide. I look forward to working closely with the entire Polestar Analytics team as we realize this tremendous potential together.”