GoodData Raises $24M in Equity & Debt Financing

GoodData has announced it has raised $24m in equity and venture debt financing. Zendesk led the equity investment with the participation of existing investors and CIBC Innovation Banking providing the venture debt capital.

The San Francisco-based company enables companies to embed real-time analytics within their products, applications, and devices to deliver insights for their front-line workers, customers, partners, and regulators. GoodData’s platform is backed by global customer support and a network of data centers across the US, Canada, and the European Union along with a unified framework of security and privacy compliance. The GoodData platform provides insights to over 100 thousand companies and 1.4 million users globally and it takes the guesswork out of identifying actionable insights by delivering real-time visualization, recommendations, and predictive analytics at the point of work.

“Zendesk recognizes that the analytics market is at an inflection point and we stand behind GoodData’s ability to drive innovation. GoodData has been a great long-term partner for Zendesk, providing  enterprise-wide insights and the opportunity to build unique analytics solutions for our customers.” – Chief Legal Officer at Zendesk, John Geschke.