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Good Data Raises $2.5 Million in Venture Financing

Wednesday, April 29, 2009

Good Data today announced that it has closed its first institutional round of funding with $2.5 million in venture financing led by General Catalyst Partners, with participation from O'Reilly AlphaTech Ventures, Windcrest Partners, Marc Andreessen and Ben Horowitz. This brings the total raised to date to $4.6 million. The financing will enable the company to complete development of the Good Data platform and validate the market opportunity in advance of a commercial launch.

"The world needs Good Data," said Marc Andreessen. "Their simple, low cost approach goes a long way to making analytics available to everyone."

Article sourced from www.gooddata.com, click here to read full story.

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