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Host Analytics Grabs $15 Million For Performance Management Software

Leena Rao

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Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Tuesday, June 8th, 2010
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Host Analytics, a company that develops performance management software for the enterprise, has raised $15 million in Series C funding led by Next World Capital, with existing investors ATV Capital, StarVest Partners and Trident Capital participating in the round. This brings the company’s total funding up to nearly $30 million.

The company’s software helps finance executives develop strategy from processes such as planning and budgeting, scorecarding and financial consolidation and reporting. Founded in 2000, Host Analytics has 105 SaaS companies using its software and 9,000 active users.

The funding will be used for product development, and for sales and marketing efforts. Host Analytics faces competition from hosted platforms including Oracle, SAP, IBM and SaaS offering Adaptive Planning.

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