GoodData Raises $15 Million Funding Round Led By Andreessen Horowitz

Posted Aug 19, 2011

GoodData is a cloud-based company that focuses on business intelligence. GoodData has raised $15 million in a funding round led by Andreessen Horowitz. Andreessen Horowitz general partner John O’Farrell will be joining GoodData’s board of directors. Google’s president of Enterprise Dave Girouard is also joining the board of directors although Google did not invest.

GoodData plans on using the funding to accelerate their company. The company has 2,500 customers including Time Warner Cable, Zendesk, Twilio, Pandora, and Capgemini.

This is Andreessen Horowitz’s second investment in GoodData. The first round was $2.5 million in seed funding in 2009. GoodData raised $6.5 million in its Series A round of funding. The other investors in this round include General Catalyst Partners and Windcrest Partners.