Business intelligence software provider gets new funding

Good Data, an intelligence software and collaborative analytics provider for businesses, announced this week that it has closed a Series C round of fundraising, collecting another $2.5 million in new capital. Andreessen Horowitz, General Catalyst Partners and other unnamed investors contributed to the round, though Marc Andreessen and Ben Horowitz had already invested previously. Announced alongside the fundraiser is news that Tim O’Reilly, founder and CEO of O’Reilly Media and Good Data investor, has joined the startup's board of directors.The San Francisco-based company has now raised a total of $7.1 million.Andreessen, confident in his repeat investment, stated that "Good Data is one of our personal investments we wanted to convert into our venture fund because we believe so strongly in ... [Read more]