Cloud-based enterprise performance management provider Host Analytics announced it completed a venture capital financing round of $25 million led by Centerview Capital Technology and with participation from existing investors Advanced Technology Ventures, Next World Capital, StarVest Partners and Trident Capital. This financing brings the total capital invested in the company to $77 million across five rounds.
Founding partner of private investment firm Centerview Capital Technology Ned Hooper will join the company’s board of directors.
The investment will be used to fuel the cloud EPM provider’s organic growth in the U.S., support new product initiatives in operational planning, and drive international expansion.
“We have an amazing opportunity, the upmarket position in the space, and are the fastest-growing company in the cloud EPM market,” stated Host Analytics CEO Dave Kellogg. “We’re thrilled to be working with Centerview and to leverage their deep operational expertise as we continue the process of building an epic company.”
“At Centerview, we look for opportunities to invest in late-stage, high-growth companies with proven management teams and a clear vision,” stated Hooper. “We were very excited to get the chance to lead this round and look forward to working with Dave and the team to build an amazing, market-defining company.”
