November 12, 2001 Analytic Applications Firm Biz360 Gets $6.25M in Series B San Mateo, Calif. -- Biz360, a provider of analytic applications for external information, is expected to announce it has raised $6.25 million in its Series B round of funding. New investor Foundation Capital led the up round, with participation from new investor Geneva Ventures and previous investors Adobe Ventures and Granite Ventures. Bill Elmore, a partner at Foundation Capital, will join the board as its fourth member. The company will use the funds to expand its staff across the board. The company has 20 employees and expects to have about 50 people by the end of 2002. The company also said it expects to hit profitability by 2002. This round of funding brings the company's total raised to date to $9.5 million.