Wednesday, November 15, 2017

Mission Ventures Gets Exit, As TIBCO Acquires Alpine Data

San Diego-based venture capital investor Mission Ventures has seen an exit in its venture portfolio this morning, at data science and Hadoop software developer Alpine Data. Palo Alto-based TIBCO Software announced this morning that it has acquired San Francisco-based Alpine Data, which is a developer of cloud-based data science and social collaboration tools. Financial details of the acquisition were not announced by the companies. TIBCO said the buy will help it bolster its data science technology and analytics portfolio. Alpine Data was venture backed by Mission Ventures, Robert Bosch Venture Capital GmbH, Sierra Ventures, Sumitomo, and UMC Capital, and had raised somewhere around $23.5M in funding. Robert Kibble of Mission Ventures held a board of directors seat on Alpine Data's board of directors.

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