Alteryx Gets $12M For Big Data Analysis Tools

Irvine-based Alteryx, a developer of "big data" analytics software, announced today that it has raised $12M more for its efforts. The new funding came from Toba Capital, the venture capital fund recently founded by Quest Software founder Vinny Smith, plus SAP Ventures, an existing investor in the company.

Alteryx develops mapping and analytics software aimed at the big data market, allowing business analysts to create visual reports and analysis of their data. The firm said the new funds will go towards sales, marketing and product investment, as well as international expansion. Alteryx is led by Dean Stoecker.

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