Continuum Analytics Garners $10,000,000 New Financing

  • Feed Type
  • Date
    12/15/2015
  • Company Name
    Continuum Analytics
  • Mailing Address
    221 W. 6th Street Austin, TX 78701 USA
  • Company Description
    We will revolutionize how the world’s data is stored, computed, and visualized. We will provide domain experts with flexible tools that allow them to explore their data and maximize the impact of their insights. We will empower work-groups and businesses by recognizing that data analysis is a collaborative, exploratory activity.
  • Website
    http://www.continuum.io
  • Transaction Type
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The $5 million operating line of credit along with an additional $5 million venture debt instrument will be used to supplement the company’s current equity capital to fund ongoing growth and to empower the next phase of data science.
  • M&A Terms
  • Venture Investor
    Silicon Valley Bank