Luminaries back cloud business intelligence, $2.5 Million in additional financing closes seed round
GoodData today announced that it has closed its seed funding round, adding an additional $2.5 million in new capital. The company added Andreessen Horowitz to its list of venture investors, joining General Catalyst Partners and O’Reilly AlphaTech Ventures. The financing further validates GoodData’s [...]
CAMBRIDGE, Mass.-GoodData Corporation, an emerging provider of on-demand (SaaS) collaborative business intelligence solutions, today announced the closing of a seed round of funding totaling $2 million. This initial round of funding will enable the company to deliver a cloud-based platform for mid-size business intelligence projects.
“This is an important step forward for GoodData as we prepare for the public launch of our technology,” said Roman Stanek, founder and CEO of GoodData Corporation. “We have developed a technology that will provide a platform of collaborative analytics and transform what is now a multi-month, costly IT-driven BI project to an easy-to-start, on-demand solution for the business user. I am pleased to have Esther Dyson, Tim O’Reilly and Windcrest Partners join us on this initial funding. We look forward to utilizing the brightest minds in information technology, enterprise software and Web 2.0 as we move forward with our solutions.”
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