Paxata raises $18 mln in funding led by EDBI

Redwood City, Calif.-based Paxata, a provider of a data analysis platform for the enterprise, announced it has raised an $18 million Series C round of funding. EDBI, the corporate investment arm of the Singapore Economic Development Board, led the round, which includes existing investors Accel Partners India, Walden-Riverwood Ventures and Toba Capital, as well as Sanju K. Bansal, co-founder and former COO of MicroStrategy.

9 September 2015•3 mins read
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