DigiMine Inc. of Seattle said it has completed a second-round financing of $20 million led by Mayfield Fund of Menlo Park, Calif. DigiMine, an application service provider, said the funding brings its total backing to nearly $25 million. DigiMine provides complex data warehousing and data mining infrastructure for its customers and delivers business intelligence reports, analysis and personalized marketing applications. Mayfield managing general partner Yogen Dalal will join digiMine’s board of directors.
Source: Puget Sound Business Journal