Visa Takes a Stake in GoodData, Adding to Fintech Holdings
Summary
It is unclear how much Visa Ventures is investing in the San Francisco startup, which helps companies embed analytics in their products. Stanek is staying with GoodData, which employs about 350 people, and plans to use the funding to hire more staff for GoodData’s security and privacy team. GoodData has been partnering with Visa for a couple of years, helping the company build sites for merchants and financial institutions, Stanek said. Discussions were led by Melissa McSherry, SVP and global head of data, security, and identity products at Visa. For that company to divert attention in this environment, it’s a validation.” Stanek is the founder and CEO of NetBeans, which he sold to Sun Microsystems in 1999 and Systinet, which HP (HPQ) acquired in 2006.
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