Thursday, July 24, 2008

Good Data Raises $2 Million in Seed Funding - Cambridge, MA

Good Data Corp., a Cambridge-based provider of collaborative business intelligence software, announced that it has raised $2 million in its first round of external funding, which included a group of individuals and Windcrest Partners. Good Data’s technology began development in 2002. Its software supports sharing and teamwork for collaborative business analytics and is currently in use in large insurance and retail businesses. Individual investors in the company include Esther Dyson, chairman of EDventure Holdings; Tim O’Reilly, founder and CEO of O’Reilly Media; and Roman Stanek, founder and CEO of Good Data, and former founder and CEO of NetBeans Inc. and Systinet Inc.

http://www.gooddata.com/

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