Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more


Business-intelligence software company SiSense just got a life extension.

The company announced $30 million in new funding today, solidifying its position as it puts up with lots of other venture-backed business intelligence startups and tools from legacy vendors.

SiSense has BIME Analytics, Birst, DataRPM, Domo, GoodData, Looker, and ThoughtSpot to contend with. IBM, Microsoft, Oracle, and SAP sell business intelligence software, too. Plus, consolidation is afoot. Tibco recently bought JasperSoft.

But Tableau and Qlik stand out as SiSense’s biggest competitors, a company spokeswoman told VentureBeat via email.

SiSense’s software takes care of cleaning up data and preparing it for analysis in conjunction with other data. Once SiSense has the data, people can visualize it, create web-based dashboards, and pull up and adjust those dashboards on desktops and mobile devices.

SiSense customers that Gartner surveyed in recent months reported that they signed up because of the software’s ability to handle lots of data, its performance, and its ease of use for developers.

Companies can run the SiSense software in their on-premises data centers or as a cloud service.

New York-based SiSense started in 2004. It employs 88 and will bring on dozens more by year’s end, the spokeswoman wrote. SiSense claims hundreds of customers, including Caterpillar, eBay, ESPN, Philips, and Samsung.

DFJ Growth led the new round of funding. Battery Ventures, Genesis Partners, and Opus Capital also participated.

To date SiSense has raised $50 million. It announced a $10 million round of venture funding in April 2013.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member