Predixion Software Garners $6,000,000 Series B Financing

  • Feed Type
  • Date
    10/4/2011
  • Company Name
    Predixion Software
  • Mailing Address
    31831 Camino Capistrano San Juan Capistrano, CA 92675
  • Company Description
    Predictive analytics enable organizations to use and analyze current and historical data to make predictions about the future that can be applied across a multitude of functional areas. Predictions are used to increase profitability, streamline operations, improve customer retention, extend product lines, predict purchasing patterns — and the list goes on.
  • Website
    http://www.predixionsoftware.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Predixion will use the funding proceeds to build out additional healthcare industry solutions, further expand its product development activities and scale its service, sales and marketing organizations to support current and anticipated demand and growth for its family of predictive analytics solutions.
  • M&A Terms
  • Venture Investor
    Undisclosed
  • Venture Investor
    DFJ Frontier
  • Venture Investor
    Miramar Venture Partners
  • Venture Investor
    Palomar Ventures