Andreessen Horowitz’s new growth fund just invested $30 million into Imply, an open source data analytics startup taking on Microsoft and Salesforce’s Tableau
“The storied Silicon Valley firm is leading the Series B in Imply, a 4-year-old open source data analytics startup, now valued at $350 million” writes Megan Hernbroth for businessinsider.com. As Silicon Valley VCs consider pulling back on big funding rounds, Andreessen Horowitz’s growth fund is doubling down with its earliest-stage investment to date — a $30 million Series B round.”Enterprise sales and the [business-to-business] model is very well understood in Silicon Valley, so you’re not reinventing the wheel,” Yang said.”The innovation is to think about data not as static or…
Read More