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Pentaho Secures $23 Million C Round Led By NEA

10/30/2012

Market Demand for Big Data Analytics Fuels Massive Growth for Pentaho

Delivering the future of business analytics, Pentaho Corporation today announced that it has raised a $23 million C round led by New Enterprise Associates (NEA), with participation from additional existing investors Benchmark Capital, Index
Ventures and DAG Ventures. Pentaho will use the funds to expand its development, engineering, services, sales and marketing efforts needed to support its continued growth and leadership in big data analytics.

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