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Analytics company ClearStory Data seals $21m investment from VC heavyweights

1 Apr 2014

Data analytics company ClearStory Data has raised $21m in Series B funding led by new investor DAG Ventures, with additional investments from Andreessen Horowitz, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers (KPCB).

The round brings ClearStory Data’s total funding to $31.5m.

The company has also appointed former Google SVP Shona Brown to the company’s board of directors. “ClearStory Data has a huge opportunity to lead a new era in which fast data-driven decisions are the ‘new normal’ within any company,” said Brown. “I’m pleased to be joining the board to help ClearStory grow into a ubiquitous data-intelligence solution that any line of business relies on to make better decisions faster.”

“It’s evident that the new data landscape begs for a transformational solution and ClearStory’s end-to-end approach leads the way in making data more consumable for companies big and small,” added John Cadeddu at DAG Ventures. “The ClearStory Data team brings unique big-data expertise and superb design experience together to solve this problem for businesses worldwide and we look forward to helping create a market-changing company.”

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