Deals

Data Analytics firm Opera Solutions closes $84M round

Data Analytics firm Opera Solutions closed a $84 million funding round, the company announced Wednesday.

Opera Solutions offers a suite of predictive data analytic solutions for companies and organizations in financial services, government, healthcare, and other sectors.

The round, which was the company’s first, gives Opera Solutions an estimated valuation of $500 million, according to a Wall Street Journal report.

Opera plans to use the new capital to accelerate growth and cement its position as a leader in the “Big Data” sector, according to the company.

The investment was led by Silver Lake Sumeru, with participation from Accel-KKR, Invus Financial Advisors, JGE Capital Management, and Tola Capital.

Founded in 2004, the New York-based company has 600 employees and offices in North America, Europe, and Asia.