Nuevora, Inc., a San Ramon, CA-based Big Data analytics solutions provider, has secured its first round of institutional funding from Fortisure Ventures.
The amount was not disclosed.
The company intends to use the proceeds to develop a suite of cloud-based business-processes-as-a-service (BPaaS) analytics applications.
Led by Phani Nagarjuna, founder & CEO, Nuevora develops cloud-based business analytics solutions for major corporations in retail, financial services, insurance, high technology, and travel services markets.
The company also operates an analytics center in India.