Oracle acquires DataFox, brings AI-based company data management to cloud apps


Oracle has announced plans to acquire data management and AI solutions provider DataFox. Financial details were not disclosed. Founded in 2013, San Francisco, CA-based DataFox is the developer of an artificial intelligence (AI)-based engine which automatically locates and pulls the most current information available on public and private businesses. The engine currently manages the information of over 2.8 million companies, with 1.2 million being added on an annual basis. See also: Larry Ellison pitches Oracle's Gen 2 Cloud as purpose-built for enterprise Customers, including Goldman Sachs, Bain & Company and Twilio, use the platform for account management, lead generation, and to keep customer-relationship management (CRM) solutions current.