Attivio, a US-based big data software provider backed by GE Pension Trust, a corporate fund of conglomerate General Electric, secureed $31m in a funding on Wednesday.
The round’s investors have not been named, though Edward Glassmeyer, managing partner of Oak Investment Partners, implied in a quote attached to the press release that his firm contributed money.
Founded in 2007, Attivio has developed a big data analytics platform aimed at a range of industries, including anti-money laundering, insurance, life sciences, energy and retail.
The company, which has raised $102m to date, has not revealed what it plans to do with the fresh funding.
GE Pension Trust invested $8m in Attivio in 2013. Its other investors include Oak Investment Partners, which led a $34m funding round in 2012 that also featured diversified holding firm Tenth Avenue Holdings and private investor Per-Olof Soderberg.
Stephen Baker, chief executive of Attivio, said: “We had a watershed year in 2015. We launched Data Source Discovery for the business intelligence market to radically reduce the time it takes to prepare data for analysis.
“Meanwhile, two top analyst firms separately acknowledged us as a leader in the enterprise search market, which is where our journey began. We are uniquely positioned to help enterprises gain immediate visibility into all the right information.”