GoodData Secures $15M In VC Financing

GoodData has raised $15 million through new venture financing.

GoodData has raised $15 million through new venture financing. The investment round was led by Andreessen Horowitz, with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also taking part in the fundraising process.

The company also added John O’Farrell, general partner at Andreessen Horowitz, and Dave Girouard, president of Google Enterprise to its board of directors. GoodData will use the new funding to boost its efforts to enter the $25 billion business intelligence and data warehousing market.

Click here for the release from GoodData.