Glassbeam Inc., a Mountain View, Calif.-based machine data analytics company, has raised $3 million in new VC funding led by VKRM Group
Venture firm Kleiner Perkins Caufield & Byers will have to litigate or settle a sexual-discrimination lawsuit filed by a former partner, as the California Supreme Court has declined to consider whether the suit can be resolved through arbitration.
Formerly known as Orchesys, Glassbeam, Inc. provides software-as-a-service (SaaS) based solutions for product analytics. Its namesake technology lets organizations view a continual stream of data regarding product use and configuration. In 2009, the company was included in Gartner Inc.’s “Cool Vendors in BI and Performance Management” report. In 2011, it was a winner of TiEcon’s TiE50 award,
Companies funded in the first year of the TiE Angels investment program (I-W, Aug. 5) were showcased at TiE Silicon Valley headquarters here Sept. 29.
OpSource, Inc., the leader in enterprise cloud and managed hosting, today announced that product analytics leader Glassbeam is using the OpSource Cloud to process massive amounts of unstructured data to help high tech manufacturers better understand customer usage data and feedback from their installed base.
THE BUSINESS: Orchesys Inc., operating as Glassbeam, offers software “in the cloud” that gives high-tech companies a tool to analyze their products’ complete life cycle. The company said it can convert any kind of semi-structured data into structured information that can be used. Gartner nominated Glassbeam to its annual 2009 list of “Cool Vendors” in Business Intelligence.