Sisense builds enterprise business analytics software designed to make big data accessible via visualizations in desktop and mobile apps and through voice platforms like Alexa, leveraging machine learning and AI and a cloud‑native platform. The product emphasizes embedding analytics across workflows and presenting digestible data to nontechnical users. The company serves roughly 2,000 customers, including Tinder, Philips, Nasdaq and the Salvation Army, and reports annual recurring revenue of over $100 million. Sisense has pursued inorganic growth, notably acquiring Periscope Data last year for about $100 million. It says it will use the new funding to continue building its technology and to expand sales, marketing and development efforts. CEO Amir Orad has framed the company’s approach as simplifying access to data and embedding analytics in every logical place. Sisense builds a data analytics and business intelligence platform that helps customers understand and visualize data across multiple sources. Its platform focuses on simplifying access to complex data, embedding analytics across screens, desktops, smartphones and voice assistants like Amazon Alexa. The company reports over 1,000 customers, including Expedia, Oppenheimer and Phillips, and powers Nasdaq Corporate Solutions' investor-relations system. Launched in 2010, Sisense employs nearly 500 people across offices in New York, Tel Aviv, Kiev, Tokyo and Arizona. Financially, Sisense announced an $80 million Series E that brings total funding to close to $200 million. The company plans to expand its international presence, add headcount in customer success and field engineering, and is open to acquisitions when the right opportunities arise. Sisense offers business analytics software that enables everyday business users to manage, analyze and visualize large, disparate data sets within a single‑stack environment on low‑cost commodity machines. Its signature In‑Chip analytics processes data up to 100X faster than competing approaches, reducing the need for extensive data preparation, large operational budgets, or specialized IT skills. The company reported revenue growth of more than 100% for the fifth consecutive year, added hundreds of new customers in 2015, and serves more than a thousand direct and indirect clients in over 50 countries. Sisense has delivered consecutive quarters of greater than 100% net renewal from its existing customer base, signaling strong retention and expansion within customers. Notable customers include Motorola, Skullcandy and eBay, and the company has received multiple industry awards. Sisense plans to continue investing in innovation and rapidly expand business operations to support global growth. SiSense builds business intelligence software that surfaces big-data analytics to ordinary business users through easy-to-understand dashboards. Its signature technology, branded In-Chip Elasticube processing, shifts work into in-chip processing rather than relying solely on in-memory systems so users can process terabytes on machines with less memory. The product is aimed at non–data-scientists and joins peers such as Looker, Origami Logic and Tableau in consumerizing data analytics. Customers mentioned include eBay, ESPN and Carlsberg. Founded in 2004 in Tel Aviv, SiSense already has an office in New York, plans a Silicon Valley office by early next year, and makes about 70% of its sales in the U.S. The company is not yet profitable but is growing quickly, expects sales to triple year-over-year, and forecasts profitability by 2015; CEO Amit Bendov has said he is eyeing an eventual IPO. SiSense provides an analytics platform centered on Elasticube, a high-performance analytical database that maximizes machine RAM, CPU, and disk use. Its Prism business-intelligence solution targets non-technical users and includes a columnar database, ETL tools, and web visualizations. The company says it can analyze 100 times more data than traditional in-memory solutions at a fraction of the cost and can analyze on one node what normally requires 20 nodes. SiSense serves customers in 49 countries, including Target, Merck, Wix, and Uber. Led by CEO Amit Bendov and based in San Francisco, the company completed a $10M Series B and intends to use the capital to increase adoption of its solution.

Total raised

$274M

Funding rounds

6

Latest round

Equity

Latest activity

Jan 2020