Yellowbrick Data has raised $48m in a round led by Siemens' Next47 unit, adding to the $44m from investors including GV and Samsung Next it disclosed two months ago.

Next47, a corporate venturing subsidiary of industrial technology and appliance producer Siemens, has led a $48m funding round for US-based enterprise data analytics software provider Yellowbrick Data.

The round also featured DFJ Growth, the growth equity offshoot of venture capital firm DFJ, and followed a $44m series A round disclosed by the company when it emerged from stealth in July this year.

Yellowbrick has built a data warehousing platform that can power an enterprise’s analytics activities in the cloud,…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.