JasperSoft, a San Francisco maker of open-source business intelligence software, has drawn upon $11 million of a planned $12.27 million fourth round of capital, according to a regulatory filing cited by PE Week. Scale Venture Partners led the deal, and was joined by return backers Partech International, DCM and Morgenthaler.
The company has raised more than $34 million in VC funding, including an $8 million third round in 2005 at a $23.2 million post-money valuation.