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GoodData secures another $6.5 million

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Report: European VC funding bounces back, IT is the "star performer"

GoodData is rapidly becoming a key example of the technology innovation emerging from Central Europe – and laying a bet on Europe seems to be paying off for Fidelity Growth Partners Europe, the venture and growth equity investor, which backs European entrepreneurs exclusively.

It’s invested $2 million in the startup, the second investment for the £100 million fund, leading an overall $6.5 million investment round. GoodData provides an on-demand business intelligence services. Other returning investors include General Catalyst, Andreessen Horowitz and Windcrest Partners.

GoodData will use the cash to buld out its cloud BI platform, and expand marketing. The company now has Enterasys Networks, Software AG, Trend Micro, Salary.com and TriNet among its customer base.

Back in October last year GoodData raised $2.5 million in Series C funding from Andreessen Horowitz, General Catalyst Partners and other undisclosed investors. It also counts Tim O’Reilly on its board.

Its data analytics solution is considered by some to be more cost-effective than similar products offered by IBM, SAP and Oracle since its business intelligence services are run entirely on Amazon Web Services.

GoodData was founded in 2007 in Prague by Roman Stanek, a serial entrepreneur.

Stanek has previously written for TechCrunch about how Europe is starting to produce first class tech companies.

  • http://www.blogle.org/2010/07/gooddata-secures-another-6-5-million/ GoodData secures another $6.5 million | Blogle.org

    […] on eu.techcrunch.com « MP3, TV, Handy & Co. – 10 Geheimtipps gegen Technik-Ärgernisse Category: […]

  • Alex

    Definitely a company to keep an eye on

  • http://zendesk.com/gooddata Adria Richards, Zendesk.com

    Congratulations to GoodData! We just completed an integration with them to provide analytics within our online customer support tool, Zendesk.

    We were looking for a way to easily provide reporting and metrics and connected with these guys.

    The reaction from our customers has been overwhelming! They love how easy it is to create custom reports and send them out to management. We worked with GoodData to setup 20 standard reports as well.

    Much success to you!

  • Jan

    Congratulation from Pilsen, CZ
    We need more these examples ….

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    Congrats to GoodData. That’s another good thing for them.

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  • http://techcrunch.com/2011/08/18/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata/ Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | TechCrunch

    […] Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://droiduniverse.com/blog/2011/08/18/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata/ Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | Droid Universe

    […] Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://brettmbell.com/2011/08/18/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata/ Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | BrettMBell.com

    […] Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://www.savagelocal.com/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata/ Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | Savage News

    […] Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $ 15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $ 28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://zero.slinky.me/gooddata-raises-15m/ GoodData Raises $15M | Slinky Zero

    […] GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://tech.krantenkoppen.org/2011/08/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata/ Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | Krantenkoppen Tech

    […] Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://infotech.spyblackberryphone.com/?p=3565 Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | Get All The Information About Tech Stuff Here

    […] Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). Founded by serial entrepreneur Roman Stanek, GoodData offers a cloud-based data analytics […]

  • http://broad-bandwith.prestigious-hosting.com/2011/08/18/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata/ Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | Internet Solutions

    […] Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two new members to the Board of Directors: John O’Farrell, General Partner at Andreessen Horowitz, and Dave Girouard, President of Google Enterprise. Additionally, this marks Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). […]

  • http://blog.incomeinstrumentsbonuses.net/andreessen-horowitz-leads-15m-round-in-cloud-business-intelligence-platform-gooddata Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData | My Blog

    […] Andreessen Horowitz’s fourth investment in GoodData (including two seed investments, and 2010 round). Founded by serial entrepreneur Roman Stanek, GoodData offers a cloud-based data analytics […]

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