Star Analytics, a provider of enterprise software solutions to automate the integration and sharing of data for business analysis and financial reporting, announced it has closed a $3.5 million first round of venture capital financing co-led by Hummer Winblad Venture Partners and Lightspeed Venture Partners.
Star Analytics, which has been self funded to date, will use the proceeds to scale operations and capitalize on growing demand. Ann Winblad, co-founding partner of Hummer Winblad Venture Partners, and John Luongo, a partner at Lightspeed Venture Partners, will join Star Analytics' Board of Directors as a result of the investments.
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