Triple Growth for Third Consecutive Year, Mounting Demand and Introduction of In-Chip Technology set SiSense on Path for Hyper Growth in 2013January 17, 2014
2013 highlights include customers in 49 countries, $10M Series B round, launch of In-Chip Technology and Crowd Accelerated Analytics, plus World Technology Award
NEW YORK, NY - SiSense, the Big Data Analytics Company, today announced a year of unprecedented innovation that sets it on an accelerated track toward challenging established players in the Business Intelligence (BI) and big data analytics markets. In 2013, the company tripled subscription revenue growth for the third consecutive year and closed a $10M Series B round, launched notable product innovations, and garnered a steady stream of prestigious awards and recognition.
"We continue to grab market share by challenging legacy BI solutions and offering an alternative far more powerful than traditional in-memory products," says SiSense CEO Amit Bendov. "In 2014, we will build on our successes by significantly expanding our team and our New York City headquarters to meet intense demand for our solution."
Rapid Growth and Global Expansion
• Rapidly growing customer base across 49 countries, including global leaders such as Target, ESPN, Merck and NASA and innovative startups like Wix.
• $10M Series B round led by Battery Ventures with participation from Opus Capital and Genesis Partners (April 2013).
• Opened North American headquarters on Wall Street.
• Technological Innovations
Introduced In-Chip technology - Enables non-technical users to analyze 100X more data at 10X the speed of current in-memory solutions.
Unveiled Crowd Accelerated Analytics - The only analytics technology to gain speed with more users, allowing businesses to scale to thousands of simultaneous users and queries on a single box without choking or slowing down.
For more, visit http://www.sisense.com or call 415-937-1724.
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