San Francisco's data and analytics industry is pulling in venture capital
Avanoo recently received $4.5 million worth of Series A funding for its data analytics company.
San Francisco's data and analytics industry is raking in new investment, with 23 local companies raising money. New funding rounds were recently announced by data and analytics companies Avanoo, Kompyte. and Rollbar, according to company database Crunchbase.
Avanoo topped the city's recent funding headlines by announcing a $4.5 million Series A round on April 22.
According to its Crunchbase profile, "Avanoo helps employees adopt behaviors, mindsets and stories to improve culture and performance."
The six-year-old company also raised a $3.4 million seed round in 2015.
Next up, Kompyte. raised $3 million in funding, in a round announced on May 1 led by Caixa Capital Risc.
According to Crunchbase, "Kompyte is a competitive intelligence tool designed to respond in real-time to its users’ competitors' online strategies. It is designed to learn about its users’ competitors’ online strategies in real-time, and respond to them in an easy and affordable way. Kompyte's competitive intelligence software enables businesses to collect, organize, analyze and act on competitive changes in their market."
Founded in 2014, the company has raised three previous rounds, including a $276,024 round in 2017.
Meanwhile, Rollbar raised $1.5 million in debt financing funding, announced on April 29. The round was financed by Silicon Valley Bank.
From the company's Crunchbase profile, "Rollbar detects errors that happen in web applications and helps developers track and fix them. Features include alerts, a dashboard, a suite of analysis tools and an API. Officially supported languages include Ruby, Python, PHP and Node.js on the server-side, and Javascript, iOS and Android on the client side."
Rollbar last raised $2 million in Series A funding in 2017.
In total, San Francisco-based data and analytics companies have raised $305 million in venture funding over the past month, and $4.7 billion over the past year.
This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.
