Continuum Analytics Garners $10,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53244b2b-bc4d-4781-a088-ef009bd39d5f - Date
12/15/2015 - Company Name
Continuum Analytics - Mailing Address
221 W. 6th Street Austin, TX 78701 USA - Company Description
We will revolutionize how the world’s data is stored, computed, and visualized. We will provide domain experts with flexible tools that allow them to explore their data and maximize the impact of their insights. We will empower work-groups and businesses by recognizing that data analysis is a collaborative, exploratory activity. - Website
http://www.continuum.io - Transaction Type
Debt - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The $5 million operating line of credit along with an additional $5 million venture debt instrument will be used to supplement the company’s current equity capital to fund ongoing growth and to empower the next phase of data science. - M&A Terms
- Venture Investor
Silicon Valley Bank
