Attivio Secures $34M

Attivio, a Newton, Massachusetts-based enterprise software company, has secured $34m in growth capital.

The round is led by new investor Oak Investment Partners, with participation from initial investors Per-Olof Soderberg and Tenth Avenue Holdings.

The company intends to use the funding to expand its sales and marketing efforts, bring its Active Intelligence Engine® (AIE®) to new global markets, and accelerate product research and development.

In conjunction with the funding, Oak general partner Ifty Ahmed has joined Attivio’s board of directors.

Founded in 2007 and led by Ali Riaz, CEO, Attivio provides a unified information access (UIA) platform for integrating, correlating and analyzing structured, unstructured and semi-structured information. The company serves large financial institutions as well as customers faced with information management challenges across life sciences, government, military, law enforcement, telecommunications and e-business.



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