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Gainsight Gets New Name, A New President And $9 Million In Funding

CEO: Nick Mehta

Gainsight, (http://www.gainsight.com), a developer of predictive analytics software for big data, raised $9 million in Series A funding in April from investors led by Battery Ventures.

The company also said that Nick Mehta, previously CEO at Software-as-a-Service company LiveOffice, is Gainsight's new CEO. Founder Jim Eberlin is now president and will focus on product strategy and sales development.

The Gainsight name is a change from the company's original name, JBara Software. Mountain View, Calif.-based Gainsight develops predictive analytics software that's integrated with Salesforce.com's CRM applications. The tools help businesses analyze customer data for customer retention and identify cross-sell and up-sell opportunities.