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iCreate Software secure $9.2 million in venture funding

[December 13, 2012]

iCreate Software secure $9.2 million in venture funding

Dec 13, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- iCreate Software Pvt., Ltd., an India-based provider of business intelligence and analytics products and solutions, has raised $9.2 million in Series B round of funding led by Sequoia Capital and IDG Ventures India.

Deal Value (US$ Million) 9.2 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2012-12-12 Deal Participants Target (Company) iCreate Software Pvt., Ltd.

Acquirer (Company) Undisclosed Investors* Deal Rationale iCreate Software intends to use the funds for market expansion, product portfolio enhancement and to deploy banking solutions.

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