Xconomy Boston

Good Data Raises Round, Leaves Cambridge

Wade Roush3/15/09

Good Data, a startup developing user-friendly, Web-based tools for analyzing business intelligence data, has raised an undisclosed amount of venture financing from Cambridge, MA-based Generaly Catalyst and Boston-area technology investor John Landry (an Xconomist), according to a March 12 report by Scott Kirsner. The company formerly had an office at the Cambridge Innovation Center, but has relocated its headquarters to San Francisco, according to Kirsner. Its engineering operations remain in Prague, in the Czech Republic. Good Data put together $2 million in seed money last summer using funds from founder and CEO Roman Stanek as well as Esther Dyson, Tim O’Reilly, and New York venture firm Windcrest Partners.

[Update, April 28, 2009: Good Data has confirmed the investment in a press release, and says the amount was $2.5 million, bringing the company's total funding to $4.6 million.]

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.

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