Pentaho Raises $23M in Series C Funding

Pentaho Corporation, an Orlando, FL-based big data business analytics company, has raised $23m in Series C funding.

The round was led by New Enterprise Associates (NEA), with participation from additional existing investors Benchmark Capital, Index Ventures and DAG Ventures.

The company intends to use the funds to expand its development, engineering, services, sales and marketing efforts (http://www.pentaho.com/careers/).

Led by Quentin Gallivan, chairman and CEO, Pentaho provides provides:
– IT and developers with a complete, visual design environment to simplify and accelerate data preparation and modeling;
– business users wth visualization and exploration of data; and
– data analysts and scientists with full data discovery, exploration and predictive analytics.
It natively supports Apache Hadoop, Cloudera, MongoDB as well as high performance analytic databases like Greenplum and Vertica, among others.
It is part of a partner ecosystem that also includes technology leaders such as Cisco, Cloudera, DataStax, Dell, EMC Greenplum, HP Vertica, MapR, Netezza, 10gen/MongoDB, and Teradata.
Big data customers include both large and small organizations, across the financial services, retail, travel, healthcare and government industries around the world.
The company has offices in San Francisco, CA, London, UK, Paris, France, Frankfurt, Germany, and Antwerp, Belgium.

FinSMEs

31/10/2012

Join the discussion