Sisense Raises $ 100 Million To Make Big Data More Accessible
The startup Sisense is developing solutions to simplify access to Big Data analyzes. Faced with strong demand from companies in all sectors, it announces today that it has completed a fundraising to the tune of $ 100 million.
Increasingly, companies are looking for solutions to simplify access to data analysis so that all departments can benefit from its benefits. This is, for example, one of the main reasons why Salesforce acquired Tableau in 2019 for $ 15.7 billion .
Facilitating access to Big Data is the goal that Sisense has set itself. This startup develops solutions allowing data analysis via graphical interfaces on mobile or PC or even via voice commands with the Amazon Alexa virtual assistant.
In addition to its cloud-native platform , it also exploits the latest advances in the field of artificial intelligence and Machine Learning. The startup now has more than 2,000 customers including Tinder, Philips, Nasdaq or the Salvation Army .
Sisense exceeds $ 1 billion in valuation
In 2016, Sisense raised $ 325 million in Series E, then $ 80 million in 2018. Today, the firm announces a new fundraising to the tune of $ 100 million . The main investors are Insight Venture Partners, Access Industries, Bessemer Venture Partners, Battery Ventures and DFJ Growth.
Thanks to these funds, the startup is now valued at more than a billion dollars . This sum will allow it to continue the development of this technology, as well as to strengthen its sales and marketing strategies.