Cloud Analytics Company Tidemark Raises $13 Million
Tidemark is a startup that offers a set of next-generation enterprise performance management system on a unified application platform built for the cloud. Tidemark has raised $13 million in funding.
Tenaya Capital led this round of funding. Existing investors Greylock Partners, Andreessen Horowitz, and Redpoint Ventures also participated in this round.
Tidemark has raised a total of over $48 million.
According to TechCrunch, Tidemark’s technology is built on an in-memory platform that pulls structured and unstructured data into an elastic multi-tenant environment.
The data is shaped into apps that can be used for financial, strategic, operating planning, and forecasting. The service can generate infographics to report financial projections.