Sequoia Leads $30M Round for Visualization App-Maker MeLLmo

Del Mar, CA-based MeLLmo, which provides visualization software that transforms data from spreadsheets and other business software into interactive graphics for the iPhone and iPad, says today it has secured $30 million through a round led by Sequoia Capital.

This is MeLLmo’s first round of institutional financing. The startup had previously raised $20 million from private investors in three rounds, including $10 million that was raised just ten months ago.

In a statement this afternoon, the specialized business intelligence provider says it plans to expand its suburban San Diego headquarters and grow its presence worldwide with offices in Boston, New York City, San Francisco, London, and Shanghai.

The company says in coming weeks it also is planning to launch Roambi Flow. The new product is a Web-based platform for the business market that enables any iPad users to create and securely share all types of business information and intelligence via an intuitive online publication that looks much like a digital magazine-like report.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.