Siperian, master data management co, gets $25M more
Siperian , a Silicon Valley company that helps businesses unify their data about customers, products and organizations fragmented across different systems (with so-called “master data management” software), has raised $25 million more in financing.
The San Mateo, Calif. company attracted the round, its fifth, from a number of investor. They include Investor Growth Capital, which led the round, and previous investors Anthem Capital, ArrowPath Venture Capital, Blumberg Capital, Brightspark, Constellation Ventures, Red Rock Ventures, Reed Elsevier Ventures and Saffron Hill Ventures. VentureWire first reported the news this morning.
The company earlier raised $47 million.
The company competes against IBM, SAP, Oracle and smaller venture-backed companies such as Exeros and Initiate Systems. The company says it is profitable.
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