BIME Funding to Fuel North American Expansion

Cloud-based business intelligence firm BIME Analytics has secured a $4m Series A round of funding, which it will use to expand its teams across France and particularly at its newly opened office in North America. New funding has been led by Alven Capital Partners in Paris.

BIME, which has bases in Montpellier, France and Kansas City, US, helps companies mine their business data with analysis, dashboards and other visualization solutions. Its BIME product links and analyses data generated from dozens of data sources including transactions and sales, web logs, CRM entries, social media comments and other user-generated content.

CEO and co-founder Rachel Delacour (pictured) comments: 'The rise of big data is a reality, and businesses of any size are using cloud-based tools like BIME to become truly data-driven. We help businesses turn the entire web into a seamlessly connected data warehouse. BIME now has the capital and talent to keep innovating and expand globally, particularly in the dynamic US market.'

Web site: www.bimeanalytics.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.