Tuesday, April 5, 2011

Alteryx Lands $6M

Orange-based Alteryx, a developer of spatial intelligence software for business, said today that it has raised $6M in a Series A investment round. The round came from SAP Ventures Fund I. Alteryx develops mapping software used by Fortune 500 companies, the government, and researchers. As part of the funding, SAP Ventures' Jai Das joins the company's board of directors. Alteryx said the new funding will go towards infrastructure buildout, go-to-market, and possible acquisitions. Alteryx is headed by Dean Stoecker. More information »