Kalido, the data warehousing and data management software provider, has raised substantial funds from Atlas Venture and Benchmark Capital to finance new business growth. The software provider has also been spun off by its former parent, the Royal Dutch/Shell Group of Companies (Shell). In addition, Kalido has named Bob Potter, formerly of IONA Technologies, as its new chief executive officer.

Atlas Venture and Benchmark Capital have each acquired a substantial stake in Kalido. Their funding and investment will help accelerate Kalido's growth in the business intelligence and data warehousing market in the United States and Europe as well as expedite new product development. Kalido will also benefit from their expertise in accelerating the international growth of technology companies, which will complement its existing expansion strategy.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access