Alteryx scores $85M funding round that will help fuel growth in Broomfield

BROOMFIELD — California-based software-as-a-service company Alteryx Inc., on Wednesday morning announced that the company has raised a new $85 million round of funding that, among other things, will help boost its previously announced growth in Broomfield.

Alteryx provides a drag-and-drop platform in which companies can blend multiple sets of data and get advanced analytics from the data without the need for programming. The company bases its engineering and product management teams in Colorado, as well as some other functions.

In July, the company moved its Colorado operations from Boulder to a new office at 12303 Airport Way in Broomfield. At that time, the 270-employee company had about 90 people based in Colorado, and company officials said they expected to add another 100 through the end of 2016.

“We moved offices and planned our hiring based on specific goals, and the funding will continue to keep us on track for that,” an Alteryx spokeswoman said in an email to BizWest.

The new funding round was led by Iconiq Capital and Insight Venture Partners.

The new round comes just a year after Alteryx raked in a $60 million round.