Element Analytics Gets $7M For Industrial Analytics Software

San Francisco-based Element Analytics, which is developing a software analytics product aimed at the oil and gas, chemical, utility, mining and other industrial markets, said it has raised $7M in a funding round. The company said the majority of the funding came from Kleiner Perkins Caufield & Byers, and its Green Growth Fund. Element Analytics was co-founded by David Mount, who is a partner at Kleiner's Green Growth Fund, as well as Sameer Kalwani. More information »