Platfora, a San Mateo, CA-based Big Data Analytics software company, raised $38m in funding.
The round was led by Tenaya Capital, with participation from Citi Ventures, Cisco and Allegis Capital, as well as existing investors Andreessen Horowitz, Battery Ventures, Sutter Hill Ventures and In-Q-Tel.
The company will use the funds to invest in talent, technology and field organizations.
Led by Ben Werther, CEO, Platfora provides a Big Data Analytics platform (on top of Hadoop) that allows business non-technical users to use customer interaction, transaction and machine data. to make fact-based decisions without the intervention of IT.
Delivered as subscription software on premises or in the cloud, it is used by Citi, Comcast, DirecTV, Disney, Edmunds.com, Opower, Riot Games, Vivint and The Washington Post.
FinSMEs
19/03/2014
Related News
13/11/2012: Platfora Closes $20M Series B Funding