SiSense Completes $10M Series B Funding

SiSense, a San Francisco, CA-based Big Data Analytics Company, completed a $10m Series B round of funding.

The round was led by Battery Ventures, with participation from Opus Capital and Genesis Partners.

The company intends to use the capital to increase adoption for its solution.

Led by CEO Amit Bendov, SiSense provides an analytics solution that enables organizations of all sizes to make sense of their (Big) data by leveraging Elasticube, a high-performance analytical database that maximizes machine RAM, CPU, and Disk use. Prism is a complete business intelligence solution designed for non-technical business users, that includes a columnar database, ETL (data extraction and transformation) tools, and web visualizations. The company promises it can analyze 100 times more data than traditional in-memory solutions, at a fraction of the cost, and can analyze on one node what normally requires 20 nodes.
SiSense has customers in 49 countries, including global brands like Target and Merck and startups like Wix and Uber.

A free trial version of the software can be downloaded at http://www.sisense.com/Prism™-free-trial

FinSMEs

03/04/2013

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