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Tableau Software Announces Pricing of Initial Public Offering

May 16, 2013 - 4:15pm. Tableau Software, Inc. (NYSE: DATA) today announced the pricing of its initial public offering of 8,200,000 shares of its Class A common stock at a price to the public of $31.00 per share. A total of 5,000,000 shares are being offered by Tableau Software, and a total of 3,200,000 shares are being offered by certain selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on May 17, 2013 under the symbol “DATA”. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 1,230,000 shares of Class A common stock from Tableau Software. Tableau Software will not receive any proceeds from the sale of shares by the selling stockholders. More...

In US, RJMetrics Closes $6.25M Series A Financing

Trinity Ventures funds rapidly-growing SaaS business intelligence platform; financing to support sales and marketing expansion and product development.

Philadelphia, PA (PRWEB) May 15, 2013. RJMetrics, a rapidly-growing hosted business intelligence provider, today announced it has closed $6.25 million in Series A funding led by Trinity Ventures with the participation of current investor SoftTech VC. Karan Mehandru, Principal at Trinity Ventures, has joined the board.

“The demand we’re seeing for integrating and analyzing all types of data is growing faster than ever,” said Robert J. Moore [pictured], CEO. “Our platform allows customers to quickly and easily integrate their data from whatever platforms they choose and run advanced analytics like Customer Lifetime Value and Cohort Analysis.” More...

In US, EdgeSpring Raises $11M Funding; Unveils the World’s First Big Data Analytics Platform Built Expressly for the End User

EdgeSpring announces series A financing from Kleiner Perkins Caufield & Byers (KPCB) and Lightspeed Ventures

SAN MATEO, Calif. – May 16, 2013 – EdgeSpring today announced general availability of its Business Intelligence and Analytics Platform designed from the ground up to empower users to rapidly derive business insights from data of any size or structure, without dependence on overburdened analysts and IT specialists. The company has raised a total of $11M in financing including a $9 million series A from Kleiner Perkins Caufield & Byers (KPCB) and Lightspeed Ventures. EdgeSpring’s platform enables users to drive timely decisions by asking and easily answering first and second order questions across structured and semi-structured data, like never before.

“From day one, our vision was to democratize information access in the enterprise,” said Vijay Chakravarthy [pictured, left], founder and CEO of EdgeSpring. “We are thrilled to have a fast growing list of engaged customers, such as Equinix, Lithium, and Xactly, to name a few, validating our vision through their rapid adoption of EdgeSpring”

“EdgeSpring is a dramatically disruptive Business Intelligence platform,” said Brian Lillie [pictured, right], CIO of Equinix. “They have enabled us to rapidly build easy-to-use analytic apps that our users love.” More...

In US, BBVA Ventures Invests in Radius

May 9, 2013. BBVA Ventures, the BBVA Group’s corporate venture arm which operates in the U.S. through BBVA S.A.’s San Francisco representative office, announced today that it has invested in Radius, a leading provider of sales and marketing intelligence for targeting the small business market.

“BBVA is an active Small Business Lender and our ability to pinpoint and track the success and health of small business relies on the integrity and cleanliness of data available to us, which Radius provides via an innovative set of data on small businesses that allows us the ability to understand our customers better while also discovering new customer opportunities through social insight,” said Thomas Whiteaker [pictured, left], Executive Director, Corporate Development and Strategy at BBVA.

“Having BBVA invest in Radius is a testament to our reach and data integrity. It makes sense that they would want to ensure the data they need to make key investment decisions is accurate and up-to-date. Radius does that and more,” said Darian Shirazi [pictured, right], Founder and CEO of Radius. More...

In US, KSS Retail Introduces Business Intelligence Solution For Advanced Promotion And Price Optimization

PriceStrat® Analyzer Improves Retailers’ Ability to Make Accurate Decisions about Pricing and Promotions Strategy

CINCINNATI, OH– May 8, 2013 – KSS Retail, a dunnhumby company, today introduced PriceStrat® Analyzer, an advanced business intelligence solution designed to help the retail industry identify trends and exceptions so they can make faster, more accurate decisions about pricing and promotions. PriceStrat Analyzer empowers retailers to better harness their data for more accurate forecasting, while extending analytics throughout the organization for improved transparency and team collaboration.

“It’s vitally important that retailers have visibility into the impact of their pricing strategy so they can take active steps to maximize both financial outcomes and customer brand perception,” said Yael Cosset [pictured], CEO of KSS Retail and Global CIO of parent company dunnhumby Ltd. “This new analytics solution reinforces KSS Retail’s commitment to ongoing innovation and to making sure that our clients get the most value from our technology solutions." More...

In US, Actian Acquires MPP Big Data Market Leader ParAccel

Acquisition Adds Amazon, The Royal Bank of Scotland, OfficeMax and MicroStrategy to Rapidly Expanding Global Big Data Customer Portfolio

Redwood City, Calif. – April 25, 2013 – Actian Corp. (“Actian”), a next-generation leader in big data management, today announced the immediate acquisition of ParAccel, a leader in high-performance analytics. The acquisition further strengthens Actian’s unique position as a major global player with one of the most powerful infrastructure portfolios to deliver business value from big data.

“Today’s software will fail to cope with complexities of big data,” said Steve Shine [pictured, left], CEO of Actian. “The Actian software portfolio, which is specifically designed to fully exploit modern hardware architectures, arms organizations with an unmatched single platform to connect to any data, analyze it at scale for relevance and take action to turn big data into business value.”

“ParAccel is being used by many of the world’s leading companies including Amazon, The Royal Bank of Scotland, OfficeMax and MicroStrategy to set them apart from their competition through analytics,” said Chuck Berger [pictured, right], CEO of ParAccel. “With Actian, they have immediate access to a broader portfolio of solutions to turn their data into value.” More...

New Generation of Startups Arrive to Replace the Data Scientist

Data Tech Firms Emerge To Serve Smaller Clients And Venture Capitalists Want In.

Kate Kaye [pictured], Data Reporter at AdAge writes: Venture capital dollars are pouring into a new class of startups that provide data services to small and mid-sized companies. Their goal, in a nutshell, is to automate tasks once assigned to a data scientist or teams of technologists, making big-data capabilities possible for smaller companies. More...

In US, Infer Raises $10 Million; Helps Companies Use Data to Win More Customers

Redpoint Ventures Leads Series A Funding Round

PALO ALTO, CALIFORNIA – April 23, 2013 – Infer Inc., a company that delivers data-powered business applications inspired by the consumer web, today announced it has closed $10 million in Series A funding led by Redpoint Ventures, with Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures, and influential angel investors also participating in the round. Infer helps businesses accurately predict and act on their highest potential customers.

“While the sales and marketing automation markets have been strong over the last several years, automation is not enough,” said Satish Dharmaraj [pictured, left], partner at Redpoint Ventures. “The much larger opportunity is to bring enterprises deep data science wrapped up in simple application services that anyone can use. Infer’s world class team is bringing web search, machine learning and personalization smarts from places like Google, using it to harness enterprises’ untapped big data for the first time, and gleaning amazing topline value for its customers. This is a rocketship.”

“When my co-founders and I set out to create Infer, we were shocked by how poorly even the biggest, most innovative companies manage and act on their own internal data – especially given the amazing advances we’ve seen in the data science used for the consumer web,” said Vik Singh [pictured, right], co-founder and CEO of Infer. “It’s time for a change. We intend to bring the product thinking and data intelligence of the consumer space to the enterprise, and deliver data science applications that solve real problems and ‘just work’ seamlessly in existing workflows.” More...

In US, Pentaho Acquires Dashboard and UI Specialist Partner Webdetails

Portugal-based consultancy provides visual development expertise, consulting services and a new community leader

Orlando, Fla — April 22, 2013 — Delivering the future of analytics, Pentaho announced today that it has completed the acquisition of its Portugal-based consulting partner Webdetails. Pentaho will benefit from Webdetails’ visual interface development expertise and international consulting services provided by its 20-strong team. Webdetails’ founder Pedro Alves is a high-profile member of Pentaho’s open source community and will take on the new role of Senior VP, Community for Pentaho. As both parties are privately-held, the financial terms of the deal are undisclosed.

In addition to continuing his role as General Manager for Webdetails’, founder Pedro Alves [pictured, left] will take on the new role of Senior VP, Community. In this latter role, Alves will be the chief advocate and interface to Pentaho’s active open source developer community. Pedro Alves (@pmalves), commented, “After five years as consultants and advocates for Pentaho in the business and open source communities, my team is incredibly proud to be officially joining the company. On a personal note, I am delighted to be taking on the role as community leader and look forward to the opportunity and challenge that this presents.”

Doug Johnson [pictured, right], EVP and COO, Pentaho commented, “Everything about Webdetails perfectly complements our operations as we continue to scale to meet demand fueled by the big data revolution. Webdetails’ expertise in high-end visualizations brings capabilities to help customers roll out exceptional visualizations with all data sources, particularly in Big Data. With Webdetails joining the Pentaho family we gain visual development talent, international consulting services and a highly respected open source community leader in Pedro.” More...

In US, Swipp Secures $2M, Announces Swipp Plus Social Intelligence Suite for Business

MOUNTAIN VIEW, CA--(Marketwired - Apr 22, 2013) - Swipp, makers of a social intelligence platform that launched its first consumer application in January, today announced Swipp Plus, an innovative social intelligence suite for businesses, designed to increase customer interaction and provide real-time customer insight around products, brands, and offers. To fuel the initiative, Swipp is simultaneously announcing an additional $2M institutional investment. More...