Periscope Data pulls in $25 million in Series B
Summary
Sources told TechCrunch that the pre-funding valuation was at $100 million, and the round was led by existing Periscope Data investor DFJ*. DFJ also led Periscope Data’s Series A round of $9.5 million. Periscope Data takes raw data from various sources — the most popular are MySQL, PostgreSQL, Amazon Redshift (which has a partnership with the startup but does not invest), Salesforce and Microsoft SQL Server — and with a few short commands, lets engineers create graphics to help make better sense of the numbers. Part of that is due to the fact that the visualization feature itself was a bit of an accident. Periscope Data was founded by ex-Googler Harry Glaser (now PD’s CEO) and former Microsoft program manager Tom O’Neill back in 2012.
Funding
Amount
$25.0M
Total raised
Date
November 4, 2016
Announcement date
Investors
Bessemer Venture Partners, AngelPad, Draper Fisher Jurvetson, Susa Ventures, Innovation Endeavors
Lead investors
Company
http://www.periscopedata.com
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Periscope
$1M to $5M