TMCNet:  Platfora raises $5.7 million in Series A round of funding

[September 09, 2011]

Platfora raises $5.7 million in Series A round of funding

Sep 09, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Platfora, Inc., a US-based software company engaged in developing businesses intelligence and analytics platforms, has raised $5.7 million in Series A round of funding led by Andreessen Horowitz, with participation from In-Q-Tel, Inc.


Deal Value (US$ Million) 5.7 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2011-09-08 Deal Participants Target (Company) Platfora, Inc.

Deal Rationale Platfora will use proceeds to expand and accelerate development of its intuitive and interactive businesses intelligence and analytics platform for data stored in Hadoop.

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