Numerify Raises $15M in Series B Funding

Numerify-logo-MediumNumerify, a Cupertino, CA-based analytics startup focused on the Business of IT, raised $15m in Series B funding.

The round was led by Sequoia Capital, with participation from existing investor Lightspeed Venture Partners. In conjunction with the funding, Doug Leone, partner at Sequoia Capital, will join Numerify’s board of directors.

The company has received a total of more than $23m in financing to date.

Founded in 2012 by Gaurav Rewari, CEO, Numerify provides the Numerify360 cloud-based platform that delivers record analytics for organizations to effectively manage their business.
Its applications allows IT executives and managers to access to context and analytics capabilities to achieve a single view of their IT business and insights on how to improve IT business operations from the accumulated history of their IT service records, IT asset data, and related HR, financials, and procurement data.
Since its product launch in April, the company is already working with more than a dozen enterprises including Netflix, University of San Francisco, Incomm, and Spansion.

FinSMEs

24/09/2014

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