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Jaspersoft Closes New Financing

SAN FRANCISCO July 14, 2011 $11 million

Brian Gentile BI Builders

To capitalize on this open source BI market opportunity, Quest Software joins the other strategic investors.

Shayne Higdon

Jaspersoft 4 BI Suite

Online Resources

About Jaspersoft

Jaspersoft provides one of the most flexible, cost-effective and widely deployed Business Intelligence suites in the world, enabling better decision-making through highly interactive web-based reports, dashboards and analysis. Leveraging a commercial open source business model, Jaspersoft provides end-to-end BI capabilities at a fraction of the cost of most other vendors. The BI suite includes pixel-perfect enterprise reporting, ad hoc query, dashboards, OLAP and in-memory analysis, and data integration. Jaspersoft is the only BI vendor that enables companies to adapt to the new, virtualized world by providing a complete spectrum of on-premise, multi-tenant SaaS and cloud-based deployment options for both embedded and standalone business intelligence. Unlike many traditional BI solutions from other vendors, Jaspersoft is built on a modern, lightweight, standards-based architecture and offers greater vendor independence thanks to its open source codebase. Unlike niche BI vendors, Jaspersoft represents a safe choice with tens of thousands of production deployments across a wide range of industries.

About Quest

application management database management Windows management virtualization management IT management

About Red Hat, Inc.

Raleigh, NC

About SAP Ventures

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SOURCE Jaspersoft

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