The amount of the transaction was not disclosed.
Following the investment, John Neeson and Richard Eldh, managing directors and co-founders of SiriusDecisions, will retain the majority stakes in the company and will continue to lead it. In addition, Harry Gruner, founder and managing general partner of JMI, and David Greenberg, a principal of JMI, will join SiriusDecisions’ board of directors.
Founded in 2001, SiriusDecisions is a subscription-based research and advisory services firm focused on sales and marketing best practices. The company provides data benchmarking, professional events, research-informed consulting, and online and on-demand courses.
Customers include Adobe, Cisco, GE, HP and IBM.