Spotfire closes $6M financing

Spotfire (Cambridge, Massachusetts), a provider of software solutions for research and development decision support, has closed a $6 million second round of venture capital financing.

The Sprout Group, the venture capital affiliate of Donaldson, Lufkin and Jenrette, is leading the round. Both current investors in Spotfire, Atlas Venture and Sweden-based InnovationsKapital, also are participating.

Sprout Group General Partner Philippe Chambon, MD, is joining the Spotfire board. Chambon works extensively with companies in both the information technology and life sciences industries.

Spotfire has come onto the scene just as the major pharmaceutical companies have come to understand the opportunities created by the technical data explosion resulting from their investments in genomics, high throughput screening and combinatorial chemistry,'" Chambon said. "The rapid adoption of Spotfire’s products has validated the market."