Host Analytics gets funds for financial management software

Host Analytics, a Redwood City, Calif.-based maker of financial performance management software, has raised an undisclosed second round of funding to expand its product portfolio and to strengthen its marketing efforts. Advanced Technology Partners, Trident Capital and StarVest Partners participated in the round.

The company says it already has 8,000 paying customers. Its current products are designed to help executives streamline their budgeting, forecasting and financial reporting processes. They also help companies measure employee performance.

Next Story: Data.gov: Another Obama site gets off to an underwhelming start
Previous Story: Latest list of Top 50 Twitterers is as wrong as the others