Prevedere Raises $10M in Series B Funding

prevederePrevedere, a Columbus, OH, and Sunnyvale, CA-based cloud enterprise predictive analytics provider, raised $10m in Series B funding.

The round was led by Norwest Venture Partners with participation from Microsoft Ventures and existing investors PointGuard Ventures and Rev1 Ventures.

The company, which had raised $6.7m in Series A financing, intends to use the capital to accelerate market adoption of its solutions by enterprises looking to discover the internal and external drivers of their businesses.

Led by Rich Wagner, founder and CEO, Prevedere provides a software solution that utilizes artificial intelligence and smart data discovery to provide companies in manufacturing, consumer goods, retail, construction, insurance and financial services with real-time predictive models of future sales, revenue, costs and other KPIs to make informed decisions in terms of budgeting, production, marketing, pricing, staffing and more to improve their bottom lines.



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