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Mu Sigma on Monday announced it has raised a $25 million third round from Sequoia Capital. Mu Sigma is a provider of data analytics services to more than 50 Fortune 500 companies, including Microsoft and Dell.
Chicago-based Mu Sigma employs more than 1,200 analysts and uses them to crunch numbers and help corporate teams use data in various decision-making processes. The company has its main delivery center in Bangalore, India and describes itself as “arguably the world’s largest pure-play decision sciences and analytics services company.”
Shailendra Singh, Sequoia Capital India’s Managing Director, said Sequoia has been watching Mu Sigma for four years.
“Mu Sigma is the most impressive analytics services company we have met in years, and the only one of its kind to deliver business analytics at scale for many Fortune 500 clients using a global delivery model,” Singh said in a statement. “The big-data phenomenon presents a massive opportunity for large corporations that can use analytics to make the right business decisions quickly and drive improvements to their top and bottom line.”
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