SAN MATEO, Calif. – July 23, 2007
Cloud9 Analytics Closes $5 Million in Funding;
Names Bruce Cleveland to Board

– Cloud9 Analytics, provider of on-demand analytic applications for (NYSE: CRM) customers, today announced that it closed a $5 million round of Series A funding. InterWest Partners led the round, with participation from Leapfrog Ventures.

The financing will enable the company to bring to market a family of on-demand applications in the burgeoning Sales Performance Management (SPM) category. With Cloud9, sales teams learn from the past and predict the future to accelerate sales cycles, uncover new revenue opportunities, promote team selling, and improve revenue predictability – all without IT involvement.

The company also announced that industry heavyweight Bruce Cleveland, a partner at InterWest Partners, has joined its board of directors. Directly prior to joining InterWest Partners, Cleveland held senior executive positions at CRM leader Siebel Systems. At InterWest, Cleveland concentrates on investments in the software and services sector with a focus on analytic applications and software as a service (SaaS).  “Cloud9 Analytics is capitalizing on the convergence of several key technology disruptions, particularly at the intersection of SaaS and analytic applications,” according to Cleveland. “This company will do for analytics what Salesforce has done for CRM.”

About Cloud9 Analytics
Cloud9 Analytics delivers on-demand analytic applications for customers. The company is headquartered in San Mateo, California. Please visit us at

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