AAA ClearStory tells of $21m investment

ClearStory tells of $21m investment

Data Intelligence company, ClearStory Data has secured $21m in series B funding in a round featuring Google Ventures, internet company Google’s corporate venturing arm.

DAG Ventures led the round, which also saw participation from Andreessen Horowitz, Khosla Ventures and Kleiner Perkins Caufield & Byers.

ClearStory aims to make data intelligence accessible to the mass market, and in particular businesses. The latest funding round brings ClearStory’s total funding to approximately $31.5m, and Google Ventures has been an investor since the company’s seed round in 2012.

“Data in the workplace now comes from innumerable sources and it has to get easier and faster for business users and analysts to reach answers without relying on IT or data scientists,” said ClearStory Data CEO Sharmila Mulligan.

“Further, there needs to be a new way for people to collaborate as data gets more abundant, for faster decision making. Our end-to-end solution combines all the data processing, intelligence, and user experience needs to achieve this. Today’s investment lets us scale rapidly to shape next-generation data intelligence and change how companies consume data.”

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