Indicee has launched out of Vancouver, B.C., offering to ease the pain of businesses frustrated with cutting and pasting data into spreadsheets in order to create reports. Indicee was developed by members of the founding team of Crystal Reports as a cloud-based reporting application designed to provide businesses with a faster way to mash data, create reports and share and collaborate around data.
“Small to medium sized companies typically cannot meet the requirements of time and resources to purchase, install, use and manage big box, enterprise business intelligence. They have essentially been left to tend to themselves which often means spending hours mashing data in spreadsheets, with no available alternative. We created Indicee as the ultimate solution to this problem – our application offers business reporting for mere mortals, if you will,” comments Mark Cunningham, Co-Founder, President and CEO of Indicee.
As an online application, Indicee functions to allow businesses to quickly consolidate data from different systems, reports and spreadsheets, enabling them to efficiently analyze and share information.
The Indicee founding team includes Mark Cunningham, previously Founder/CEO of Symmetrics and part of the founding team of Crystal Decisions and Fred Tummonds, former Vice President of Business Objects.
Since inception, Indicee has raised more than $8 million in funding, $6 million of which was recently raised in initial VC financing with investors Yaletown Venture Partners of Vancouver and Granite Ventures of San Francisco.
In early 2009 a beta version of Indicee software was released for commercial use, attracting both large and mid-sized businesses and partners including Alco Ventures, Sage Software, Terra Breads, Arxis, Symmetrics and others.
Indicee is already generating buzz and has recently caught the eye of Techcrunch, The Next Web, ReadWriteWeb, Techvibes, Dow Jones VentureWire, ITWorld and more.