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VCs just invested $8 million into this business intelligence startup that gave away its software for free because they noticed how much people loved it

April 25, 2019 /

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The VC firm New Enterprise Associates has previously invested in buzzy open source software companies like MongoDB, Elastic, Nginx, and Databricks. So when NEA principal Julia Schottenstein saw how fast an open source business intelligence software project called Metabase was growing, she knew what NEA’s next investment had to be.

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