Company named as Tidemark is now in motion to
start-up their new business phenomenon which is basically Cloud-Based analytical
company. It have been two years company is going in stealth mode and now is rock
with their new funding round. It is another in a list of start-ups , having an
aimed to helping deal with businesses sorting through growing amounts of
data. It working mainly using cloud means data gets collected on a network of
computers and it can be accessible from anywhere.
person named as Andreessen Horowitz had
invested $6.3 million in a mysterious stealth start-up for tidemark which name
was formerly Proferi. Today that company is now in motion to coming out of
stealth with a new name: Tidemark.
It also got a new round of funding, including
an investment from Grey lock Partners, and going to raise their capital with by
investing with others, that brings its total capital raised so far to $11
million. Also joining Tidemark's board are Peter Currie, president of Currie
Capital; and Phil Wilmington, former co-president of PeopleSoft and the CEO of
Outlook Soft. Both have joined Tidemark's board of directors. Also on the board
are Aneel Bhusri, co-CEO at Workday and a Grey lock Partner; and Ben Horowitz,
partner at Andreessen Horowitz.
Tidemark is building what it calls an (EPM)
Enterprise Performance Management application — all in the cloud — but it is
also built from the ground up with mobile applications in mind. The customer's
are sales & marketing company Acosta; US Sugar and others.