LogiXML Closes $10M Equity Financing

Funding Rounds

▤ Summary

The round was led by Summit Partners, with participation from existing investor Grotech Ventures. The company intends to use the capital to accelerate its growth and expand adoption of its software. Founded in 2000 and led by CEO Brett Jackson, LogiXML provides web-based business intelligence software, which allows IT professionals to create BI applications, deploy scalable dashboards and reports, and embed analytics into existing applications. In conjunction with the funding, Michael Medici, a Vice President of Summit Partners, will join LogiXML’s Board of Directors.

$ Funding

$
Amount $10.0M Total raised
□
Date November 29, 2011 Announcement date
◎
Investors Summit Partners Lead investors
▥
Company http://www.logianalytics.com Funded company

▥ Classifications

industries
No industries detected
applications
Business Intelligence

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

LogiAnalytics
$50M to $100M