This article contains content that is written like
an advertisement. (January 2023) |
Company type | Private |
---|---|
Industry | Software |
Founded | 2004 |
Founders |
|
Headquarters | |
Number of locations | 8 |
Key people |
|
Products |
Business intelligence tools Data visualization tools Analytics tools Big data tools |
Revenue | $100 million [1] |
Number of employees | Over 800 |
Website |
www |
Sisense is an American business intelligence software company headquartered in New York City, United States. It also has offices in San Francisco and Scottsdale. [2] [3]
Sisense was founded in 2004 in Tel Aviv, Israel, as a provider of business intelligence tools for small to midsize businesses. [4] [5] The company initially focused on research and development and did not formally publicize its products until 2010. [4] Initial investors included venture capital firms Genesis Partners and Opus Capital and private investor Eli Farkash. [4] [6]
By 2012, Sisense had raised $10 million and expanded its operations to the United States. [4] [7] That same year, Amit Bendov was appointed as the company's new CEO. [8] Series B and C financing followed in 2013 and 2014, respectively, at which point Sisense had raised $44 million. [7] [9] TechCrunch noted that Sisense's growth and funding during this period reflected the degree to which it made big data analytics accessible to ordinary business users. [7] By 2014, the company had opened an office in New York and about 70 percent of its sales were in the U.S. [10] [9]
In 2015, Amir Orad was appointed CEO, replacing Bendov. [11] Orad previously served as CEO of NICE Actimize. [12] Series C and D funding followed in 2016 and 2018 respectively, bringing Sisense’s total funding to $174M over five rounds. [11] [13] [14]
In May 2019, Sisense acquired Periscope Data, a U.S. based company specializing in advanced analytics and predictive modeling. [15] [16] The combined company represented more than $100 million in annual recurring revenue, over 2,000 customers, and more than 700 employees. [15] [16] With another round of funding in January 2020, Sisense reached a valuation exceeding $1 billion, often referred to as unicorn status. [17]
In February 2021, Sisense was listed as a visionary on the Gartner Magic Quadrant for analytics and business intelligence platforms. [18] It was the fourth time the company had been named to the list. [19] [20] [21]
In 2022, Sisense began a series of massive layoffs, firing half of the company. [22]
In April 2023, Ariel Katz was appointed CEO, replacing Orad. [23] Katz previously served as Sisense’s Chief Products and Technology Officer (CPTO) and General Manager of Israel. [23]
The company develops business intelligence software that allows users to access and analyze big data. [24]
The company's analytics suite, Sisense Fusion, uses artificial intelligence and machine learning to analyze data. [25] [24] The platform allows users to customize their analytics dashboards and data visualization by industry and by a user's role within a business. [25] [26] The software can also alert users to anomalous results. [27]
In 2019, the company acquired data science software company Periscope Data, and renamed its software Sisense for Cloud Data Teams. [28]
As of 2021, the software platform integrates with platforms such as Adobe Analytics, AWS, Microsoft Azure Synapse Analytics, and Snowflake to provide users with the data input for analysis. [25]
SiSense, a provider of business intelligence tools for small to midsize businesses[.]
This article contains content that is written like
an advertisement. (January 2023) |
Company type | Private |
---|---|
Industry | Software |
Founded | 2004 |
Founders |
|
Headquarters | |
Number of locations | 8 |
Key people |
|
Products |
Business intelligence tools Data visualization tools Analytics tools Big data tools |
Revenue | $100 million [1] |
Number of employees | Over 800 |
Website |
www |
Sisense is an American business intelligence software company headquartered in New York City, United States. It also has offices in San Francisco and Scottsdale. [2] [3]
Sisense was founded in 2004 in Tel Aviv, Israel, as a provider of business intelligence tools for small to midsize businesses. [4] [5] The company initially focused on research and development and did not formally publicize its products until 2010. [4] Initial investors included venture capital firms Genesis Partners and Opus Capital and private investor Eli Farkash. [4] [6]
By 2012, Sisense had raised $10 million and expanded its operations to the United States. [4] [7] That same year, Amit Bendov was appointed as the company's new CEO. [8] Series B and C financing followed in 2013 and 2014, respectively, at which point Sisense had raised $44 million. [7] [9] TechCrunch noted that Sisense's growth and funding during this period reflected the degree to which it made big data analytics accessible to ordinary business users. [7] By 2014, the company had opened an office in New York and about 70 percent of its sales were in the U.S. [10] [9]
In 2015, Amir Orad was appointed CEO, replacing Bendov. [11] Orad previously served as CEO of NICE Actimize. [12] Series C and D funding followed in 2016 and 2018 respectively, bringing Sisense’s total funding to $174M over five rounds. [11] [13] [14]
In May 2019, Sisense acquired Periscope Data, a U.S. based company specializing in advanced analytics and predictive modeling. [15] [16] The combined company represented more than $100 million in annual recurring revenue, over 2,000 customers, and more than 700 employees. [15] [16] With another round of funding in January 2020, Sisense reached a valuation exceeding $1 billion, often referred to as unicorn status. [17]
In February 2021, Sisense was listed as a visionary on the Gartner Magic Quadrant for analytics and business intelligence platforms. [18] It was the fourth time the company had been named to the list. [19] [20] [21]
In 2022, Sisense began a series of massive layoffs, firing half of the company. [22]
In April 2023, Ariel Katz was appointed CEO, replacing Orad. [23] Katz previously served as Sisense’s Chief Products and Technology Officer (CPTO) and General Manager of Israel. [23]
The company develops business intelligence software that allows users to access and analyze big data. [24]
The company's analytics suite, Sisense Fusion, uses artificial intelligence and machine learning to analyze data. [25] [24] The platform allows users to customize their analytics dashboards and data visualization by industry and by a user's role within a business. [25] [26] The software can also alert users to anomalous results. [27]
In 2019, the company acquired data science software company Periscope Data, and renamed its software Sisense for Cloud Data Teams. [28]
As of 2021, the software platform integrates with platforms such as Adobe Analytics, AWS, Microsoft Azure Synapse Analytics, and Snowflake to provide users with the data input for analysis. [25]
SiSense, a provider of business intelligence tools for small to midsize businesses[.]