Chart.io, a San Francisco-based cloud business intelligence platform, secured $3.15m in a Series A funding.
The round was led by Avalon Ventures, with participation from Bullpen Capital.
This investment brings the total amount raised by the company to date to $4.38M.
Founded in 2010, led by CEO David Beyer and Y-Combinator-backed startup, Chart.io provides an easy-to-use analytics in the cloud. Described as “Google Analytics for Business Data”, Chart.io connects to the company’s internal databases and lets anyone inside create real-time visualizations of important business data.
The company plans to support companies that rely on: SQL databases, e.g., MySQL, PostgreSQL, Oracle; web services, e.g., Salesforce, Zendesk; and NoSQL data sources, e.g., MongoDB, CouchDB.
In conjunction with the funding, Rich Levandov of Avalon ventures will be joining Chart.io’s board.
FinSMEs
08/11/2011