Siperian, master data management co, gets $25M more

January 22, 2008 | Matt Marshall

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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Tags: deal

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.