Quaris raises $7.1M for business intelligence apps

January 11, 2008 | Chris Morrison

Quaris offers analytical software for business intelligence, with a front-end designed to be accessible to any worker who needs to use it. It caters to both large and small businesses.

The company has various competitors, including both giants like Microsoft and other startups like LogiXML, OnDemandIQ and SeaTab.

As part of its funding announcement, Quaris also reported that it has a new CEO. However, according to Portfolio, the “new” CEO Brian Kelly has effectively been in that role since March 2007.

Foundation Capital led the $7.1 million round, while Partech International also participated. Partech also provided the company’s $1.5 million seed funding.

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About the Author, Chris Morrison

Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.