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Cloud Expo: Article

SAP Puts Money in Alteryx

Alteryx's technology is delivered in desktop, server and public/private cloud computing environments
By Maureen O'Gara
Article Rating:
April 7, 2011 10:15 AM EDT
Reads:
 3,636

SAP's Venture Fund has tucked $6 million in A Series money into so-called geographic business intelligence software developer Alteryx Inc to support its infrastructure build-out, go-to-market execution and possible acquisitions.

Alteryx targets Fortune 500 and mid-market companies in the automotive, retail, commercial real estate, telecommunications, cable, manufacturing and finance industries as well as government and university customers.

Its technology is delivered in desktop, server and public/private cloud computing environments.

The 14-year-old California company claims a quarter of a million users worldwide including 30% year-over-year growth and record customer acquisition in 2010.

SAP Ventures get a board seat.

Published April 7, 2011 – Reads 3,636
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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