eIntelligence has received an $8 million second round of financing led by Commonwealth Capital Ventures. Other investors included Brightstone Capital, Barnard, Discovery Ventures and previous investor JMI Equity Fund.
eIntelligence has raised a total of $13.3 million and increased its valuation by 50 percent in the latest round, a company representative said. The Minneapolis-based company develops software that allows companies to collect data throughout their organization, analyze the information, and create "what if" scenarios designed to help executives make decisions. Representatives from Commonwealth Capital and Discovery Ventures will join the company's board.
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