Wednesday, July 25, 2007

Q4bis Raises $6M

Irvine-based Q4bis, a provider of software used for business intelligence, said late Tuesday that it has raised $6M in a venture round from TVC Capital. Q4Bis said that the Series A funding will enable the firm to expand its business. Steve Hamerslag and Jeb Spencer of TVC will join the firm's board as part of the funding. Q4bis develops software used to analyze data in ERP and database systems. Q4bis was founded in 2003 and has more than fifty employees. More information »