The data science company reached its $1 billion-plus valuation after raising over $100 million in a funding round led by Insight Venture Partners. The company intends to use the funds to expand its sales, marketing and development efforts to increase market share, and accelerate investment in its platform. Sisense Announces $100M+ Funding Round at More Than $1 Billion Valuation.
Later Stage VC: 09-Jan-2020: $100M: 00000: 000: Completed: Generating Revenue: 7. Sisense's revenue, funding history, customers, team and CEO; Founded 2004 Sisense. 36. Access Industries (the owner of the Warner Music Group among other investments) is a privately-held group based in the U.S. with strategic and diversified investments of over $20B in value. Sisense empowers the builders of analytic apps with powerful tools to simplify complex data and deliver insights to everyone inside and outside their organizations. Previous investors Battery Ventures, Bessemer Venture Partners, DFJ Venture Capital, Genesis Partners, and Opus Capital also participated in this round. Sisense is a business analytics software company with offices in New York City, San Francisco, Tel Aviv, London, Melbourne, Tokyo, and Scottsdale, Arizona.It is headquartered in New York City.
The new round, announced on Thursday, brings Sisense’s total raised capital to over $300 million.
2020 Revenue $10.0M.
This funding will accelerate innovation and scale across the globe, and values Sisense at over $1 billion. Sisense just became another one of New York City’s tech unicorns.
That coupled with seeing more traction and success with leading companies in our portfolio and outside, led us to want to continue and grow our relationship with the company and lead this funding round,” said Jeff Horing, Managing Director at Insight Venture Partners.“Given our investments in market leading companies across diverse industries, we realize the value in analytics and machine learning and we could not be more excited about Sisense’s trajectory and traction in the market,” said Daniel Shinar, who leads Access Industries’ investments in Israel.
Sisense is an award-winning, full-stack Business Intelligence and Analytics software that’s leading the way into a new era of BI. “Sisense is the clear leading analytics platform for builders and we’re excited to be part of their journey for many years to come.”The new funding will bolster the company’s sales, marketing and development efforts to increase market share, and accelerate investment in its platform.“With annual recurring revenues of over $100 million for fiscal year 2019, and more than 2,000 customers ranging from Expedia to Philips, Tinder to Nasdaq, and the Salvation Army, we have demonstrated market success, scale and traction,” said Amir Orad, CEO at Sisense. “We are honored to have these reputable investment partners support our growth strategy and continue on our fast track.”Sisense was recently named a leader among enterprise business intelligence platforms in the latest Throughout 2019, customers kept Sisense in the industry leader position among Top BI Vendors in G2 Crowd’s recent 2019 Grid® Report for Embedded Business Intelligence. Later Stage VC (Series E) 12-Sep-2018: 0000: 00000: Completed: Generating Revenue: 6. Deal Type Date Amount Raised to Date Post-Val Status Stage; 8. Sisense serves large enterprise customers, Fortune 500 companies, and nonprofits. {"effect":"fade","fontstyle":"normal","autoplay":"true","timer":4000} Sisense has $200 million worth of funding and thousands of customers, including GE, Nasdaq, and Philips.
Sisense 's estimated annual revenue is currently $117.9M per year.Sisense; received $80.0M in venture funding in September 2018.Sisense 's estimated revenue per employee is $145,000Sisense 's total funding is $274M. Total Funding. The round, which valued Sisense at over $1 billion, was led by Insight Venture Partners with participation from new investor Access Industries (via its Israeli vehicle Claltech), and existing investors Bessemer Venture Partners, Battery Ventures, DFJ Growth, and others.
NEW YORK, Jan. 09, 2020 (GLOBE NEWSWIRE) — Sisense, the world’s leading analytics platform for builders, today announced a funding round of over $100 million, continuing to power its market-leading growth and rapid customer adoption.
Sisense, a NYC-based analytics platform for builders, raised over $100m in funding round..
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