1010data Secures $35M Equity Investment from Norwest Venture Partners

1010data, a New York-based provider of analytics, business intelligence and data publishing/warehouse services to companies in the financial services, retail, consumer packaged goods, and pharmaceutical sectors, secured a $35m minority equity investment.

Norwest Venture Partners (NVP), a global venture capital firm, made the investment.

The company, which works with leading companies such as: Bank of America, Dollar General, Equifax, GameStop, Goldman Sachs, JPMorgan Chase, NYSE Euronext, and Procter & Gamble, was founded in 2000 by pioneers of large-scale data systems on Wall Street.
As stated by Joel Kaplan, President, CEO and Co-Founder of 1010data, “the capital from NVP will enable us to put added momentum behind our marketing and sales goals for 2010”.

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