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Data Analytics firm Opera Solutions closes $84M round

Opera SolutionsData Analytics firm Opera Solutions closed a $84 million funding round, the company announced Wednesday.

Opera Solutions offers a suite of predictive data analytic solutions for companies and organizations in financial services, government, healthcare, and other sectors.

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The round, which was the company’s first, gives Opera Solutions an estimated valuation of $500 million, according to a Wall Street Journal report.

Opera plans to use the new capital to accelerate growth and cement its position as a leader in the “Big Data” sector, according to the company.

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The investment was led by Silver Lake Sumeru, with participation from Accel-KKR, Invus Financial Advisors, JGE Capital Management, and Tola Capital.

Founded in 2004, the New York-based company has 600 employees and offices in North America, Europe, and Asia.

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