Numerify India, a thriving R&D center for Cupertino headquartered IT analytics provider Numerify Inc., has more than one reason to ring in the festivities this season. Numerify recently closed a $37.5 million Series C funding round led byTenaya Capital, with support from existing investors Sequoia Capital and Lightspeed Venture Partners and new financing from Silicon Valley Bank and Four Rivers Group.
Having launched barely three years ago with a staff of three, Numerify India has now rapidly expanded to a staff of almost 100 employees based in Bangalore. “From the company’s inception, the India center has been an important part of Numerify’s journey and not an afterthought, as is the case with many other startups. The work done there is world class and core to our success. I wish them all a very happy, festive season,” says Co-Founder and Chief Product Officer Srikant Gokulnatha.
In addition to the traditional custom of lighting of lamps and decorating the office, Numerify India employees celebrated this Diwali by indulging in the joy of giving. Each employee was given an opportunity to individually pick an age-appropriate gift for an underprivileged child. Kamala Parvathanathan, country head for Numerify India says “It was heartening to see the thought and care that went behind the gesture, and really speaks to the strong culture we’ve fostered.”
With the newest round of funding, Numerify India is planning to expand its Engineering and Services teams responsible for the company’s cloud-based analytic SaaS applications.
Numerify is a provider of IT business analytics applications to leading organizations that have embraced cloud based IT services, assets, projects and finance systems. The company’s prebuilt analytic solutions integrate data across IT sources as well as call center, HR, and finance systems. Numerify’s cloud applications rapidly deliver precise insights that help IT organizations lower costs, increase delivery speed and dramatically improve service levels. Headquartered in Cupertino, Calif., Numerify’s investors include Lightspeed Venture Partners and Sequoia Capital. For more information, visit our website or follow @numerify.
Photo Caption: “Numerify 2015 Diwali”