Indix Raises $4.5M in Funding
Summary
Indix, a Chennai, India and Bellevue, WA-based big data analytics company, raised $4.5m in funding.Indix had previously raised $1.4m from seed investors, including Nexus.The company intends to use the funds to accelerate product development and scale marketing and sales in the United States.Founded in late 2010 by Sanjay Parthasarathy, CEO, Indix works on big data, analytics, visualizations and applications that help product and services companies manage and get the most out of their product portfolio.The company is building a cloud-based product for individuals in businesses around the world and will continue to be in stealth mode until later this year.
Funding
Amount
$6.0M
Total raised
Date
April 4, 2013
Announcement date
Investors
Anthemis Group, Nexus Venture Partners, Avalon Ventures
Lead investors
Company
http://www.indix.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
No AI classifications detected