Tuesday, May 26, 2009

Host Analytics, Provider of Corporate Performance Management, secures Series B Funding from ATV and Trident Capital

Host Analytics, Provider of Corporate Performance Management, secures Series B Funding from ATV and Trident Capital.

Host Analytics is the leading provider of on-demand corporate and financial performance management solutions. Host Analytics’ solutions help financial, line of business and departmental executives improve their budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis. Host Analytics delivers its suite of corporate performance management solutions via the Software as a Service (SaaS) model. Host Analytics, a pioneer in providing comprehensive and easy to use CPM solutions, was founded in 2000 and expanded its SaaS offering in 2005to include a complete suite of CPM solutions.

“We were very excited that several potential new investors expressed interest and recognized the increased value we created with the work and success over the last year,” said Jon Kondo, CEO at Host Analytics. “ATV, Trident and StarVest are synonymous with investment success and each was very excited to join the new round. Everyone appreciates the magnitude of the opportunity before us, and is eager to accelerate the momentum we’ve gained in the last year. We are confident that this latest round will help us more rapidly grab market share and more quickly achieve our goal of attaining profitability.”

“Host Analytics introduces a simple approach for organizations to purchase and deploy performance management for business needs across finance and operations and support a broad range of consolidation, analytics, planning, budgeting, reporting and other key capabilities,” said Mark Smith, CEO & EVP Research, Ventana Research. “By providing a suite of applications on a common platform in the cloud computing environment, Host Analytics has established a new standard to help organizations manage performance, increasing effectiveness, and transform management without the IT hassle or budget battles.”

1 comment:

Anonymous said...

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? What is your best take in cost vs performance among those three? I need a good advice please... Thanks in advance!