Friday, July 15, 2011

Quest Software Backs Business Intelligence Firm

Aliso Viejo-based Quest Software has invested in a developer of business intelligence software, as part of a strategic investment. According to San Francisco-based JasperSoft, Quest Software led its latest, $11M funding round as a strategic investor in the company. JasperSoft develops business intelligence software. The round also included prior investors Doll Capital Management, Morgenthaler Ventures, Partech International, Scale Venture Partners, and Adams Street Partners.