XDATA – September 9th 2014
According to a document filed by GoodData with the SEC, the company launched a $35 million non-brokered equity offering. So far GoodData sold 73% or $25.7 million worth of new unregistered securities to ten backers. The subscription started almost two weeks ago. Based on the offering’s structure, the company has until August 2015 to raise an extra $9.3 million. A total of five unregistered securities offerings closed by the company raised an estimated $69.99 million.
GoodData markets and develops a cloud-based business intelligence platform. The company’s Open Analytics platform helps companies manage and analyze data in one seamless, interactive environment. The company is backed by Andreessen Horowitz, Fidelity Growth Partners, General Catalyst Partners, Next World Capital, Tenaya Capital, TOTVS SA, and Windcrest Partners.
The company, headquartered in San Francisco CA, is led by Roman Stanek (CEO). GoodData elected to keep its revenues undisclosed.
The executive team includes Pete Godbole.
The board of directors includes Brian Paul, David Girouard, John O’farrell, Larry Bohn and Marilia Rocca.
The company has raised an estimated total of $95.69 million via private unregistered security offerings.
Status: First close
Industry: Other Technology
Amount offered: $35 million
Amount placed: $25.7 million
First sale: 08-27-2014
Data as of: 09-09-2014