JasperSoft, open source biz intelligence co., raises $12M more

August 9, 2007 | Matt Marshall

JasperSoft, a San Francisco provider of open source software for “business intelligence,” said it has raised $12 million in its fourth round of funding.

Scale Venture Partners led the round and was joined by new investor SAP Ventures. Existing investors DCM,
Morganthaler Ventures and Partech International also participated in the round.

The company said it has more than 6,000 customers, and that it would use the funding to extend its international reach.

Here’s a statement, in which JasperSoft outlines its progress.

It has now raised $35.3 million in total funding.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.