Indicee
Indicee was acquired by D&B in April 2014. We are now the D&B Cloud Innovation Center. Our updated username is @dnb_cloud, so please follow us there!.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Indicee, founded in 2006 by Mark Cunningham and Fred Tummonds, emerged from Vancouver, Canada, as a specialist in cloud-based business intelligence (BI). The company was established by industry veterans from Crystal Services and Business Objects, aiming to disrupt the conventional BI market. Indicee's strategic focus was to provide agile and affordable BI solutions that allowed non-technical business users to consolidate, analyze, and visualize data from disparate sources.
The firm developed a proprietary cloud analytics platform that combined business intelligence with a social networking environment. This enabled users to collaborate on data-driven decisions both within and outside their organizations. The platform's core function was to ingest data from various systems and spreadsheets, empowering businesses to identify trends and gain actionable insights without significant IT overhead. Its client base included companies such as Maxim Integrated, Princeton, Financial Systems, and TalentPlus. The business model centered on providing its BI platform as a service to organizations of all sizes.
Indicee secured $6 million in a Series A funding round on November 4, 2009, led by Granite Ventures and Yaletown. This capital injection facilitated its growth and platform development. The company's trajectory culminated in its acquisition by Dun & Bradstreet (D&B) on April 29, 2014. Post-acquisition, the Vancouver-based team was integrated into D&B to form the D&B Cloud Innovation Center, with Indicee's CEO, Mark Cunningham, leading the new division. This strategic move was central to D&B's goal of modernizing its data delivery channels, with an early priority being the transition of its flagship DNBi product to a cloud-based platform.
Keywords: business intelligence, data analytics, cloud BI, SaaS, data visualization, collaborative BI, data consolidation, business reporting, Mark Cunningham, Dun & Bradstreet acquisition, D&B Cloud Innovation Center, Crystal Services, Business Objects, enterprise software, data analysis, Vancouver tech, BI platform, data-driven decisions, agile analytics, interactive dashboards