Thursday, July 24, 2008

Good Data Corporation, an emerging provider of on-demand (SaaS) collaborative business intelligence solutions got $2 million in funding

What Company Is Offering:

Good Data Corporation was founded with the mission to provide a platform for collaborative analytics. The company believes sharing and teamwork allows users to move past isolated reports and arrive at the true meaning of "business intelligence."

How Much They Got From VCs:

Good Data Corporation, an emerging provider of on-demand (SaaS) collaborative business intelligence solutions, today announced the closing of a seed round of funding totaling $2 million. This initial round of funding will enable the company to deliver a cloud-based platform for mid-size business intelligence projects.



"This is an important step forward for Good Data as we prepare for the public launch of our technology," said Roman Stanek, founder and CEO of Good Data Corporation. "We have developed a technology that will provide a platform of collaborative analytics and transform what is now a multi-month, costly IT-driven BI project to an easy-to-start, on-demand solution for the business user. I am pleased to have Esther Dyson, Tim O'Reilly and Windcrest Partners join us on this initial funding. We look forward to utilizing the brightest minds in information technology, enterprise software and Web 2.0 as we move forward with our solutions."

More at:http://www.gooddata.com/

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