Decisyon, a Stamford, Conn. and Latina, Italy-based provider of business intelligence and performance management software solutions, raised $22m in Series B funding.
The round was led by Catalyst Investors.
The company intends to use the funds to continue to expand globally including hiring additional sales, marketing and delivery staff in the United States, growing sales and marketing activities in Europe, and for product development.
Founded in 2005 by Franco Petrucci, CTO, and led by Ron Rose, CEO, Decisyon provides enterprises, manufacturers and global brands with collaborative BI and performance management software solutions that integrate analysis, planning and execution in a single environment to accelerate the decision-making process. In January 2014, the company launched Decisyon 360, a collaborative BI and performance management platform. They also also offer Decisyon/Plant, a manufacturing intelligence solution, and Decisyon/Engage, a SaaS-based Social CRM application.
The solutions are now used in more than 200 mid-size and global companies including the pharmaceutical, financial services, banking, media, fashion, manufacturing, retail, transportation, telecommunications and automotive industries.