Cloud Computing: GoodData Raises $25 Million

GoodData and its Cloud BI Platform, which got started in the Czech Republic, have closed a $25 million C round from Tenaya Capital, along with Next World Capital and existing investors Andreessen Horowitz, General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners. Tenaya, the old Lehman Brothers Venture Partners, gets a board seat.
The Big Data analytics start-up has raised $53.5 million to date.
It claims more than 6,000 customers, including Capgemini and Software AG, have adopted its widgetry to monetize their data and says it posted 600% bookings growth last year, more than doubling employees and customers.

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