Birst Inc., a San Francisco, CA-based provider of agile business analytics, has completed a $26m funding.
The round was led by Sequoia Capital, with participation from existing investors Hummer Winblad and DAG Ventures.
The company intends to use the funding to invest in innovation and product development and expand into new markets.
Led by CEO and Co-Founder Brad Peters, Birst provides a single place to manage all of an organization’s business analytics and the agility to answer questions spanning departments, data sources, and deployments—across both public and private clouds.
In the last year, the company launched multiple products and services, including a SaaS-based BI appliance, an in-memory database optimized specifically for analytics, a cloud-based mobile business intelligence SDK for the iPad, and support for Hadoop and Big Data analytics.
Customers include Aruba Networks, en World Japan, Five9, Grupo Tress, Host Analytics, Motorola, oDesk, Saba, SunCap Financial, and Swann Insurance, among others.
FinSMEs
02/05/2012