Predixion Software, an Aliso Viejo, California-based developer and provider of predictive analytics solutions fully integrated with Microsoft’s BI platform, has closed its $5m Series A financing round.The round, which was led by DFJ Frontier, will allow the company to expand its product development activities, increase sales and marketing initiatives, and further build out its sales channel programs and strategic partnership activities.
Predixion is designed to enable self-service predictive analytics allowing customers to use and analyze large amounts of data to make actionable decisions, all within the environment of Excel and PowerPivot.
The company recently introduced Predixion Insight™, a cloud based predictive analytics solution with native integration to PowerPivot, Microsoft’s in memory data analysis tool.
FinSMEs
13/10/2010