Izenda Raises $3M in Equity Funding

izendaIzenda, a Atlanta, Ga.-based provider of embedded BI, visual, analytics and self-service reporting software, raised $3m in equity funding.

The round was led by Ethos Capital Partners and Hawthorne Capital. In conjunction with the financing, Mike Casey joined Izenda’s management team as Chief Financial Officer, and Mark Bell and Christopher Carter joined the Board of Directors.

The company intends to use the funds to accelerate sales and marketing efforts and improve its suite of BI and reporting products.

Led by Sanjay Bhatia, Founder and CEO, Izenda provides business intelligence visualization software for data discovery via an HTML5 model versus a developer-oriented, desktop-based environment.
Current customers include Oracle, Infor, CDC, Volvo, US Navy, and Thomson Reuters.



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