Monday, September 14, 2015

WebAction Gains $20M

Palo Alto-based WebAction, a developer of data integration and analytics software, said today that it has raised $20M in a Series B funding. The funding was led by Intel Capital, and also included Summit Partners, Panorama Point Partners, Frank Caufield and Regis McKenna, along with an un-named strategic investor. The company--whose flagship product is Striim--said the funding will go towards its platform, sales, and distribution channels. Igor Taber of Intel Capital join's WebAction's board with the funding. More information »