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Tidemark upgrades products, receives $32 million funding

April 29
11:35 AM 2014

Today, financial prediction startup Tidemark has announced getting $32 million in new funding round along with a major product upgrade which CEO Christian Gheorghe said that would allow to model spreadsheets and old board records.

The update in its product would allow users to get increasing details from any financial limit after digital format is being used instead of .pdf files or a printed static book. In a report from TechCrunch, the digital version which was upgraded would allow users to look at business data through either graphical view or spreadsheet grid.

Gheorghe referred to Microsoft’s Office scenario as “Excel Hell” after users would need to copy and paste data when making a PowerPoint presentation.

Meanwhile, the product update of the company has including a funding round that brought the total value of Tidemark to $80 million. The financiers of the startup included Silicon Valley Bank. Existing investors in the company also joined the funding including Redpoint Ventures, Tenaya Capital, Greylock Partners and Andreesen Horowitz.

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