Tuesday, October 25, 2016

Paxata Picks Up $33.5M More In Funding

Redwood City-based Paxata, which develops software to help manage data for use in enterprise data analytics and decision-making applications, has raised $33.5M in a funding round, the company said Monday. The fourth round of funding was led by Intel Capital, and also included Microsoft Ventures, Cisco Investments, Deutsche Telekom Capital Partners and AirTree Ventures, EDBI, In-Q-Tel and Accel. Paxata is led by CEO Prakash Nanduri.