Predixion Software announced today it has closed its Series A financing round, raising a total of $5 million led by DFJ Frontier. ebizQ received the following: Predixion, which recently introduced Predixion Insight for Excel and..."/> Predixion Software Finalizes Series A Financing—Raises $5 Million
We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.

Predixion Software Finalizes Series A Financing—Raises $5 Million


Predixion Software announced today it has closed its Series A financing round, raising a total of $5 million led by DFJ Frontier.

ebizQ received the following:

Predixion, which recently introduced Predixion Insight for Excel and PowerPivot, a low-cost, self-service in the cloud predictive analytics solution, will use the funds to expand its product development activities, increase sales and marketing initiatives, and further build out its sales channel programs and strategic partnership activities.

DFJ Frontier, part of the DFJ Network, the industry’s most active venture capital organization with more than $7 billion under management, invests in seed and early stage technology companies on the West Coast. Also participating in the financing round were Miramar Venture Partners, which invests in early-stage information technology opportunities with an emphasis on projects based in Southern California, and Palomar Ventures, which has over $500 million in total capital under management. A growth capital facility from Silicon Valley Bank completed the round.

“The combination of Predixion Software’s veteran and highly successful management team and its disruptive low-cost, self-service in the cloud predictive analytics solution made Predixion Software highly attractive to Palomar from an investment perspective,” said Kevin Jacques, Palomar Ventures partner and Predixion board member. “Predixion perfectly fits our investment profile of an early stage information technology company that demonstrates the potential for exceptional growth and market leadership.”

“We are pleased to close our highly successful Series A financing round—especially with the current funding climate and slow global economy—and welcome the experience and guidance our blue chip investors will provide us,” said Predixion CEO Simon Arkell. “In the short time since our company launch, companies of all sizes and in all geographies have expressed an interest in our predictive analytics cloud service which breaks down the cost and complexity barriers by providing easy to use, self-service predictive analytics functionality. With this additional capital, we will quickly expand our ability to serve our growing customer and prospect base while further extending our technical leadership,” Arkell said.

  • Subscribe Newsletter
  • Contribute
Subscribe to ebizQ:

Enter your email address:

 Subscribe Blog Updates via RSS

 Subscribe News via RSS

ebizQ is very interested in what you have to say. To contribute an article, an opinion, or to become a blogger, please contact Peter Schooff.

  • Virtual Conferences
  • Webinars
  • Roundtables

SOA Cloud Qcamp

June 3, 2009

One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register

View All Virtual Conferences

Smart Case Management: Why It's So Smart.

Date:Nov 05, 2009
Time:12:00 PM ET- (17:00 GMT)


Date:Oct 29, 2009
Time:15:00 PM ET- (19:00 GMT)

View All Roundtables
  • White Papers
  • Podcasts
  • Blogs

Joe McKendrick: Part II of II: Designing Evolve-ability into SOA and IT Systems

In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.

Listen Now

Phil Wainewright: Helping Brands Engage with Social Media

Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.

Listen Now

Peter Schooff: Making Every IT Dollar Result in a Desired Business Outcome: Scott Hebner of IBM Rati

Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.

Listen Now

Jessica Ann Mola: Where Will BI Fit In? Lyndsay Wise Explains

In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.

Listen Now

Dennis Byron: Talking with...Deepak Singh of BPM Provider Adeptia

Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.

Listen Now
More Podcasts
  • Most Read
  • Quick Guide
  • Most Discussed

Quick Guide: What is BPM?

Learn More

Quick Guide: What is Event Processing?

Smart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More

Quick Guide: What is Enterprise 2.0?

A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More