Attivio Raises $34 Million in New Growth Capital

Attivio Raises $34 Million in New Growth Capital PR Newswire NEWTON, Massachusetts, Oct. 11, 2012 - Oak Investment Partners Leads Round; Initial Investors Renew Financial Commitment to Leading Unified Information Access Provider NEWTON, Massachusetts, Oct. 11, 2012 /PRNewswire/ -- Attivio, creator of the award-winning Active Intelligence Engine® (AIE®) has secured $34 million in growth capital. The round is led by new funding from Oak Investment Partners and renewed commitment from initial investors, Per-Olof Soderberg and Tenth Avenue Holdings. Attivio will use the infusion of growth capital to expand its sales and marketing efforts, bring AIE to new global markets, more deeply penetrate core vertical segments and accelerate product research and development. Additionally, Oak general partner Ifty Ahmed has joined Attivio's board of directors. "Attivio is the only company answering both the 'what' and 'why' big data and analytics questions that swirl unanswered in board rooms, war rooms, data centers, support centers and cubicles around the world," said Ifty Ahmed, general partner at Oak Investment Partners. "We believe Attivio's approach to unified information access and its patented technology differentiators and superior security capabilities deliver previously unimaginable insight and performance. This information is key to unlocking answers for the financial, life sciences, government, manufacturing, retail and e- business markets.