The Cisco-backed data analytics software provider boosted its total funding to $50m in a series C round led by Coatue Management.
Kyligence, a China-based analytical processing technology developer backed by networking technology provider Cisco, has doubled its total funding to $50m with a $25m series C round.
The round was led by hedge fund Coatue Management, with participation from Eight Roads Ventures, an investment arm of financial services and investment group Fidelity International, Redpoint Ventures, Shunwei Capital and Eight Roads.
Kyligence provides data analytics software used for business intelligence and will use the funding for technology and product development. Debashis Saha,…