BI4Lunch

TechAxes, an India based Business Intelligence and Analytics software vendor focused on BI product space secured early stage funding from Rajasthan Venture Capital Fund (RVCF). The funding will be in the form of equity as well as optionally convertible debentures (OCD’s).

TechAxes offers business intelligence and analytics software, providing companies with one complete solution for their many analytical needs. TechAxes web on demand Dashboards, Query, Reporting and Analysis in a unified architecture allows end users to access and view their organization’s data from anywhere on the globe and analyze meaningful information with ease.

Continue reading "TechAxes, India based BI and Analytics software vendor secures VC funding" »

Posted by metrics2 at 02:56 PM | Permalink

Nexidia, a provider of audio search and speech analytics solutions for government intelligence, contact center management, rich media content producers and the legal industry, has raised up to $13 million in venture financing from Morgan Stanley in August.

Few weeks ago, Nexidia also announced eDiscovery OnDemand, a managed service that enables law firms and litigation support providers to use Nexidia’s secure infrastructure to upload recorded audio for search and analysis. Nexidia litigation consultants will help tailor the project to identify relevant audio content, and search results can be integrated back into an existing litigation repository or review tool. Nexidia phonetic engine technology also allows the user to search on proper names, places, industry terms and jargon without extensive training and cumbersome dictionaries.

In the past year Nexidia analyzed and reported on over 12 million recordings.

Continue reading "Nexidia promise - transforming audio-video data into business intelligence" »

Posted by metrics2 at 09:00 AM | Permalink

Incuity has been a reseller of BI software for eight years. Incuity Software Inc. has just raised $7.3 million in its first institutional round to bring its own products in Business Intelligence for Manufacturing.

Incuity Enterprise Manufacturing Intelligence solution integrates silos of data across the manufacturing enterprise, empowering decision makers with timely, clear and context rich information. Incuity provides the foundation for a range of manufacturing analytics including:

• Real time executive dashboards
• Automated Production reporting
• Key Performance Indicator (KPI) monitoring and alerting
• Downtime analysis and reporting
• Process verification
• Process optimization

Continue reading "Manufacturing BI Software Co. Incuity Raises $7.3M" »

Posted by metrics2 at 07:58 AM | Permalink

Tucson-based investment firm HOTventures, along with members of the Desert Angels, Wasatch Venture Fund and Zone Ventures have joined with angel investors from Canada, Arizona, Utah and Idaho in investing a total of $2.2 million in a Series C1 round offered by CopperKey, Inc., a rapidly growing predictive marketing software company in Gilbert, Arizona that was founded by two University of Arizona graduates, Dr. David Castillo (engineering) and Dr. Don Kridel (economics).

CopperKey develops and sells BizFusion – software-as-a-service that enables any business to search customer or prospect databases for predictive attributes that will vastly improve marketing results. The software will additionally compare database results with third-party data provided by CopperKey for new customer acquisition, cross-sell and up-sell applications as well as response analysis. Geographic mapping capability is also integrated into BizFusion to show where the predicted results will come from.

Continue reading "Predictive Analytics firm CopperKey secures $2.2 milion financing" »

Posted by metrics2 at 08:38 PM | Permalink

Pentaho, creator of an Open Source business intelligence (BI) suite, announced that it has received an additional $8M in funding in order to further fuel its accelerated growth. Existing investors New Enterprise Associates (NEA) and Index Ventures, funded the entire series B financing round.

Demand for the Pentaho BI project has grown from 5,000 downloads/month in August 2005 to more than 55,000/month in June 2006. These numbers show that there is clear demand from the marketplace for Pentaho Open Source BI solution.

A recent survey by Ventana Research has found that 43% of organizations are evaluating Open Source BI solutions and that another 40% are actually deploying Open Source BI solutions.

Continue reading "Pentaho, creator of Open Source business intelligence (BI) suite, received $8M in VC funding" »

Posted by metrics2 at 09:18 PM | Permalink