As part of its first venture round, Pennsylvania-based business intelligence provider RJMetrics announced that it has received more than $6.5 million in investments, led by $6.25 in funding from Trinity Ventures.
“The company promises to replicate client data to hosted, secure servers and optimize it for analysis within seven days, versus the months required for more complex products, with a set of APIs developed around systems that eCommerce companies are already using,” TechCrunch said in its report.
Though, the news outlet notes that SaaS BI field is thick with competitors, some of whom are already planning IPOs.
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