Tuesday, December 15, 2015

Continuum Analytics Raises $10M In Venture Debt

Austin-based analytics software developer Continuum Analytics has raised $10M in a venture debt funding, from Silicon Valley Bank, the company said today. The company said the $10M came in the form of a working capital line of credit, split between $5M in an operating line of credit and $5M in additional venture debt. Continuum Analytics develops the open source, Anaconda big data visualization software, which is build on the Python language. The company is venture backed by BuildGroup and General Catalyst Partners.