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Tidemark now in motion to unveil itself ,more cash to win

by Dinesh Beniwal on Oct 18, 2011

Company named as Tidemark is now in motion to start-up their new business phenomenon which is basically Cloud-Based analytical company.
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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.

trademark startups

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.

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