Pentaho Takes $12 Million Series C

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pentaho.jpgOpen source Business Intelligence firm Pentaho has taken $12 million Series C in a round led by Benchmark Capital. Previous investors Index Ventures and New Enterprise Associates also participated.

Pentaho offers commercial open source enterprise reporting, analysis, dashboard, data mining, workflow and ETL capabilities for Business Intelligence needs.

Orlando, Florida based Pentaho was founded in 2004 and has had three million lifetime downloads, with more than 20,000 registered community members. Pentaho’s customers include Cox Communications, Delta Dental, Lifetime Networks, Monsanto Corporation, Savvion, Sun Microsystems, Terra Industries, U.S. Naval Air Command, and Wachovia.

The additional funding will be used to continue Pentaho’s growth in the business intelligence market, including R&D and international expansion.

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