Pyramid Analytics, an Amsterdam, The Netherlands-based decision intelligence platform provider, closed a Series E funding round of $120m, bringing total venture capital raise to $211m.
The round was led by H.I.G. Growth Partners, with participation from Clal Insurance Enterprises Holdings, Kingfisher Capital, and General Oriental Investments, as well as existing investors JVP, Maor Investments, Sequoia Capital, and Viola Growth.
The company will allocate funds to:
- Continuously innovate the Pyramid Decision Intelligence Platform.
- Expand its global geographic presence, capture a larger share of the Total Addressable Market for analytics, and increase Channel partnerships with complementary technology companies, independent software vendors (ISV), consulting firms, value-added resellers (VAR) and systems integrators (SI).
- Enhance the customer experience with service and support, learning and professional certification, and networking and community.
- Hire, reward and retain talent, including customer success, marketing, sales, and software engineering and development.
Led by Omri Kohl, Chief Executive Officer and Co-Founder, Pyramid provides a decision intelligence platform, which delivers insights for anyone to make intelligent decisions. The platform provides instant access to any data, enables automated governed self-service for any person, and serves any analytics need, from the simple to the sophisticated. By combining Data Prep, Business Analytics, and Data Science with AI guidance in a single environment, the platform reduces cost and complexity while accelerating growth and innovation.
Pyramid Analytics is incorporated in Amsterdam and has regional headquarters in global innovation and business centers, including London, New York City, and Tel-Aviv.