GGV Capital led a $47m Series B round in StarTree.

GGV Capital, an investment company, led a $47m Series B round in StarTree, a software developer, with participation from Sapphire Ventures, Bain Capital Ventures and CRV. "We are seeing companies across a wide variety of industries recognize the value of providing real-time user-facing analytics at scale to their customers. The challenge and opportunity lies in implementation, and StarTree makes it easy for companies of all sizes to build user-facing data applications. We’ve also seen open source technology become mainstream in the enterprise space. Open source companies live and die by the strength of their developer community, and the StarTree user community is fervent, loyal, and growing rapidly. The combination of an industry leading real-time analytics platform and the strength of their community will propel StarTree to become the next great open source based software company,” Glenn Solomon, GGV Capital Managing Partner.