AtScale, a San Mateo, California-based provider of a semantic platform for business intelligence on Big Data, completed a $25M Series C financing round.
The round was led by Atlantic Bridge with participation from Wells Fargo Securities, Industry Ventures as well as existing investors Storm Ventures, UMC Capital, Comcast Ventures and XSeed Capital.
The company intends to use the funds to expand operations, its development efforts, and business reach.
Led by Dave Mariani, CEO and co-founder, AtScale provides enterprises with a BI semantic platform, which enables business users to get interactive and multi-dimensional analysis capabilities, directly on Big Data, using the tools they already own, from Microsoft Excel to Tableau Software to QlikView.
It is already used by major corporations across healthcare, telecommunications, retail and online industries.