Wednesday, June 9, 2010

Host Analytics Raises $15M

Redwood City-based Host Analytics, a developer of software-as-a-service for enterprise performance management, announced today that it has raised $15M in a Series C funding. The round was led by New World Capital, and also included Advanced Technology Ventures, StarVest Partners and Trident Capital. According to Host Analytics, the funding will go towards product development and to recruit talent to the firm. Host Analytics provides software used for finance management, including planning and budgeting, scorecarding and financial consolidation and reporting. The firm said it has now raised nearly $30M in venture funding. More information »