# Spotfire

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spotfire

- Industry: Software
- Headquarters: Somerville, US
- Website: www.spotfire.tibco.com
- Total disclosed funding: $12M
- Latest round: Series B (Apr 19, 1999)
- Investors on record: 3

## 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.

## Funding rounds

- Series B, Apr 19, 1999, $6M — Atlas Venture, InnovationsKapital, Sprout Group
- Series A, Aug 1, 1997, $2.8M — Atlas Venture
- Seed, Apr 1, 1996, $3M — InnovationsKapital

## Investors

- InnovationsKapital (https://capitalatlas.ai/funds/innovationskapital) — Seed, Series B
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A, Series B
- Sprout Group (https://capitalatlas.ai/funds/sprout-group) — Series B