Accel Partners leads $8 mln Series B round in Paxata

Data analysis provider Paxata has raised $8 million in Series B funding led by Accel Partners. The Redwood City, Calif.-based company, which had been operating in stealth for the past 18 months, has now raised $10 million in total funding. Paxata had previously raised a $2 million Series A round from Accel, whose partner, Dinesh Katiyar, sits on the company board.

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