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Ayasdi Secures Series C Venture Capital

Thursday, March 26, 2015 5:33:00 AM PDT | VentureDeal
   Menlo Park, California  --  Software technology company Ayasdi has received $55 million in its third round of institutional venture capital funding.

Ayasdi provides machine learning software to simplify and accelerate complex data analysis tasks.

Kleiner Perkins Caufield & Byers led the round, which included Institutional Venture Partners, Khosla Ventures, Floodgate Fund, Citi Ventures, Centerview Capital Technology and Draper Nexus.

The company said it would use the proceeds to expand into new industry sectors and continue investments in engineering, sales and marketing and data science initiatives.

Ayasdi has raised in excess of $95 million in financing to date.

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