Business Intelligence Startup Sisense Raises $80 Million
In the past year, the company also raised a previously unannounced sum of $20 million, bringing the company’s overall equity funding to $200 million
16:0012.09.18
Israel-based business intelligence startup Sisense Ltd. has raised $80 million bringing the company’s total funding raised to around $200 million, the company announced Wednesday. The round was led by New York-based venture capital firm Insight Venture Partners.
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Founded in 2004 and based in Ramat Gan, a town in the outskirts of Tel Aviv, Sisense develops software that allows companies with large datasets to gain insights on customers and users without requiring professional data analysis.
![Sisense's team. Photo: Shir Newman Sisense's team. Photo: Shir Newman](https://pic1.calcalist.co.il/PicServer3/2017/04/23/719623/456456-l.jpg)
The company raised another previously unannounced $20 million round from existing investors in the past year, Sisense CEO Amir Orad said in a phone interview with Calcalist Wednesday. Existing investors in the company include Menlo Park-headquartered Bessemer Venture Partners, Boston-headquartered Battery Ventures LP, and Israeli venture capital firm Genesis Partners.
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Sisense counts Nasdaq, Rolls-Royce plc, and General Electric among its customers.