Cloud Analytics Company Tidemark Raises $13 Million

Posted Aug 1, 2013

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.