Yellowbrick Data, a Palo Alto, CA-based provider of analytic solutions for hybrid cloud, raised $48m in Series B funding.
The round was led by Next47, with participation from new investor DFJ Growth and existing investors.
The company intends to use the funds to further accelerate the enterprise adoption of Yellowbrick analytic solutions for hybrid cloud.
Yellowbrick Data provides companies with analytic solutions for hybrid cloud to make decisions with all of their data. The Yellowbrick Data Warehouse, an appliance based on the Yellowbrick architecture for native flash queries, powers analytics on-premises, in the hybrid cloud and at co-location and edge data centers.
The company now has enterprise customers in all major vertical markets, including finance, healthcare, hospitality, insurance, logistics and transportation, retail and e-commerce, and telecommunications. The list includes Overstock.com, Symphony Retail AI and TEOCO Corporation.