Aliso Viejo-based Predixion Software kicked off its latest venture funding round with Germany-based Software AG, one of the largest global software companies, as the lead investor.
It’s the fourth funding round for Predixion, which develops cloud-based analytics software.
It will draw participation from existing investors, including GE Software Ventures, and close in about three months.
Predixion, founded in 2009, has raised more than $32 million in venture deals from a roster of investors that includes Frost Data Capital in San Juan Capistrano, Newport Beach-based Toba Capital, and Accenture PLC in Dublin, Ireland.
It has about 75 employees, about half of whom are in Orange County.
