Spotfire, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Spotfire, Inc. - overview
Established
1995
Location
Somerville, MA, US
Primary Industry
Software
About
Spotfire, Inc. provides advanced analytics and data visualization solutions, primarily through its flagship product, Spotfire, enabling users to analyze large datasets and generate actionable insights across various industries. Founded in 1995 in Somerville, US, Spotfire, Inc. specializes in data analytics and visualization.
The company was acquired by TIBCO Software in May 2007 for USD 195 mn, marking a significant pivot in its business strategy. Spotfire has made a total of 7 deals to date, reflecting its growth and adaptation in the tech landscape. Spotfire, Inc. specializes in advanced analytics and data visualization solutions, with a focus on its flagship product, Spotfire.
This product empowers users to create insightful visualizations and perform data analysis, thereby enabling informed decision-making across sectors such as finance, healthcare, and manufacturing. Spotfire is designed to handle large datasets, offering users the ability to discover trends, identify patterns, and generate actionable insights. The company's offerings are utilized by a diverse clientele that includes Fortune 500 companies, academic institutions, and government organizations, primarily in North America, Europe, and Asia-Pacific regions. Spotfire, Inc.
generates revenue primarily through subscription-based models and enterprise licensing agreements. Clients typically purchase annual subscriptions for the Spotfire software, which may include varying tiers based on user needs. Additionally, the company may establish partnerships to provide tailored solutions for specific industries, ensuring a continuous revenue stream from both small businesses and large enterprises. With the acquisition by TIBCO Software in May 2007, Spotfire plans to leverage its resources for future product developments and market expansion.
The company is focused on designing new analytics tools aimed at enhancing user experience, with potential launches in the upcoming year. It is also targeting expansion into the Asia-Pacific market by 2025, utilizing funding from its recent acquisition to drive these initiatives.
Current Investors
In-Q-Tel, Atlas Venture, InnovationsKapital
Primary Industry
Software
Sub Industries
Content Management Software
Website
www.spotfire.tibco.com
Verticals
Big Data
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.