Greylock, Andreessen Horowitz Back Cloud Enterprise Performance Analytics Startup Tidemark

Tidemark, formerly known as Proferi, has closed a $4 million Series B round from existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday and founder of PeopleSoft, bringing the total amount raised to more than $11 million. Tidemark formerly debuted last year as stealth startup Proferi, but has rebranded today under a new name. The company is also releasing its enterprise performance management (EPM) applications built for the cloud. Founded by Romanian entrepreneur Christian Gheorghe, the Tidemark Enterprise Performance Management Platform delivers real-time, risk-adjusted metrics management; strategic, financial, operational planning and forecasting; and profitability modeling applications.

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