Subscribe to DSC Newsletter

Enterprise analytics startup Proferi raises $6.3 million in VC funding (from ZDNet)

Stealth cloud analytics company Proferi raised $6.3 million in series A funding from a series of enterprise heavy hitters.

Proferi, which is in stealth mode, raised funding from Greylock Partners, Andreessen Horowitz, Dave Duffield, former chairman of PeopleSoft and co-CEO of Workday. Aneel Bhusri, co-CEO of Workday, and Ben Horowitz, partner at Andreessen Horowitz, will join the board.

There isn’t much known about what Proferi is cooking up, but it’s focused on “a new kind of end-to-end system for developing and running analytical applications,” according to Proferi CEO Christian Gheorghe. The real aim appears to be breaking down enterprise software barriers so processes don’t have to conform to underlying data models.

While the exact details of Proferi’s system aren’t known backchannel talk sounds very positive. Analytics as a service could be very well received among the Fortune 1000 companies targeted by Proferi.

Horowitz, who knows a thing or two about enterprise software, sure is bullish. In a blog post, Horowitz wrote:

With Proferi, the solution resides in the cloud, but this is only the beginning. Christian (Gheorghe) throws out the old data models, databases, and data restrictions. He then ejects the scale restrictions, broken user interaction paradigms, and performance bottlenecks. Rather than defining their business by their data model, customers define their business by the real people and processes that they use. And the resulting applications perform 1000X faster than their communist, excuse me, enterprise software counterparts.

If even half of that turns out to be true, Proferi will be worth tracking.

Kick off your day with ZDNet's daily e-mail newsletter. It's the freshest tech news and opinion, served hot. Get it.

Views: 208


You need to be a member of AnalyticBridge to add comments!

Join AnalyticBridge

Comment by Vincent Granville on October 7, 2010 at 10:18pm
Not sure what they are up to, but if it is a general analytic SaaS (that is, Analytics as a Service), that's something that we are going to offer for free, and it will run very fast as well.

On Data Science Central

© 2021   TechTarget, Inc.   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service