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January 18, 2012 06:33 pm GMT

Cloud Enterprise Performance Analytics Startup Tidemark Raises $24M From Redpoint, Andreessen Horowitz

tidemarkEnterprise-focused cloud performance analytics company Tidemark, formerly known as Proferi, has raised $24 million in new funding led by Redpoint Ventures with existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday participating. This brings the total amount raised to more than $35 million. Redpoint partner Geoff Yang will join Tidemarks Board of Directors.Founded by Romanian entrepreneur Christian Gheorghe, the Tidemark Enterprise Performance Management Platform delivers real-time, risk-adjusted metrics management; strategic, financial, operational planning and forecasting; and profitability modeling applications.

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