IT analytics firm Nexthink secures $14.5m series D.

Ecole Polytechnique Fédérale de Lausanne (EPFL) spin-out Nexthink has raised $14.5m in its series D round.

Nexthink, founded in Switzerland in 2004 and a provider of end-user IT analytics, saw entrepreneur Gilles Queru join the round, led by Auriga Partners, as a new investor. Existing backers VI Partners and Mannai Corporation also participated. The latest funding brings the firm’s total fundraising to $29m.

Pedro Bados, CEO and Co-founder of Nexthink, said: “Over the last two years we’ve more than doubled our customer base. This momentum is evidence that, in the age of the customer, end-user analytics are an essential business technology. With a pipeline of new technology innovations, we believe Nexthink will provide the best platform in this new category for many years to come.”