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JasperSoft Snags $11 Million VC Investment

Monday, July 18, 2011 5:30:00 AM PDT | VentureDeal Staff

San Francisco, California  --  Business Intelligence software company JasperSoft has received $11 million in series F venture capital funding, according to a company announcement.

JasperSoft provides commercial open source business intelligence software solutions.

Strategic investor SAP Ventures led the round, which included previous investors Doll Capital Management, Morgenthaler Ventures, Partech International, Scale Venture Partners and Adams Street Partners.

The company said it would use the financing to accelerate its growth initiatives.

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