Open-source Business Intelligence Firm Gets Funding
As further evidence of the expanding role of open source applications in enterprise data centers, Pentaho, a start-up that builds open-source business intelligence software, announced last week that it has received US$5 million in series A funding.
With Linux now a mainstream operating system in data centers, IT managers are taking the next step with open source by deploying community-developed applications higher up the stack. Support for Pentaho is good news for end users because it adds business intelligence to the list of lower-cost alternatives to proprietary software, analysts say.
The startup was founded by a handful of industry veterans involved with business intelligence products from companies such as Cognos, Hyperion, IBM and Oracle. Business intelligence software is used to dig information out of databases and present it to end users in a useful, organized way.
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