Welcome!

Cognitive Computing Authors: Elizabeth White, Liz McMillan, Pat Romanski, Yeshim Deniz, Harry Trott

News Feed Item

SiSense Closes $10M Series B Financing to Expand Its Challenge to Legacy Business Intelligence Solutions

Battery Ventures Leads Round Aimed at Accelerating SiSense's Success in Making Big Data Analytics Accessible and Affordable

SAN FRANCISCO, CA -- (Marketwired) -- 04/03/13 -- SiSense, the Big Data Analytics Company, announced today that it completed a $10M Series B round of funding led by Battery Ventures with participation from Opus Capital and Genesis Partners. Over the past year alone, SiSense subscription revenues grew 520%, winning customers in 49 countries and a stream of accolades, most recently the Audience Choice award at the O'Reilly Strata Big Data Conference. SiSense will use the investment to meet intense demand for its solution.

"We are thrilled to add Battery Ventures as an investor," said SiSense CEO, Amit Bendov. "We are experiencing exponential sales growth and incredible buzz in the market -- it is time to step on the accelerator. Our biggest challenge right now is growing the sales force and the support teams quickly enough to keep up with the demand."

"Battery Ventures is committed to funding the most promising Big Data companies and we see in SiSense the potential to lead in this huge market," said Itzik Parnafes, General Partner, Battery Ventures. "SiSense's groundbreaking technology and market approach challenges the older-generation business intelligence software vendors. The enthusiastic rate at which customers have flocked to the company and raved about its innovation makes this investment a win for everyone."

Global brands, like Target and Merck, and hot startups, like Wix and Uber, are among the rapidly growing customer base.

The vast majority of the world's businesses have between 1/2 to 100 terabytes of data and this is where SiSense's Prism™ is far superior to existing solutions. Deploying complex Hadoop clusters or data warehouse appliances designed to handle petabytes is needlessly complicated and prohibitively expensive. On the flip side, traditional in-memory solutions are limited by the computer's RAM and are difficult to scale beyond 1/2 Terabyte. SiSense Prism™ 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. Moreover, Prism™ is not just a high-performance analytical database -- it is a complete business intelligence solution, designed for non-technical business users, that includes a columnar database, ETL (data extraction and transformation) tools, and web visualizations.

"SiSense has created an exciting new approach to data analysis, combining the power of columnar technology with in-memory speed on huge amounts of data, all on a single node that's easy to install," says David Gerster, Director of Analytics at Groupon and BI industry expert. "If you've been wrestling with the size limitations of other tools, do yourself a favor and try SiSense. There's nothing else on the market that crunches big data so easily and inexpensively."

"I am deeply impressed with what the SiSense team has done," says Robin Bloor, founder of the Bloor Research group. "Efficient software like SiSense's and its on-chip optimization will inevitably become a driving force at every level."

The secret behind SiSense simplicity and performance is its Elasticube™, a high-performance analytical database that maximizes machine RAM, CPU, and Disk use. SiSense Prism™ is designed for the latest 64bit chipsets and utilizes on-chip optimization and columnar data structure to allow for performance 50-100x faster than traditional relational databases. SiSense Prism™ can be deployed on premise and in the cloud and its built-in visualizations use the latest advancement in web technologies and make it easy for anyone to interact with data from any browser or mobile devices.

Features Include:

  • Ability to analyze 100x more data than RAM based in-memory solutions
  • Can store and query tens of billions of rows of data
  • Runs on commodity, "off-the-shelf" hardware
  • Provides automatic extraction ("ETL") from all major databases including Microsoft SQL Server, Oracle, MySQL, PostgreSQL and Intuit QuickBase, and applications like Salesforce.com, Google Adwords, Google Analytics, Google Spreadsheets, Zendesk and Intuit QuickBooks, and data from Hadoop/Hive
  • Comes with Out-of-The-Box Web based visualizations based on HTML 5 and JavaScript

Awards and Recognition:

  • Audience Choice Award, O'Reilly Strata Conference
  • Vendor to Watch, Information Management
  • Hot Product to See at Dreamforce, CRN
  • Top 10 Things to See at Hadoop World, CRN

About SiSense
SiSense is democratizing Big Data Analytics by pioneering a new approach that enables organizations of all sizes to make sense of their data. SiSense Prism™ -- powered by Elasticube™ technology -- delivers unmatched performance, agility & value. With customers in 49 countries, including global brands like Target and Merck, SiSense was recently designated a company to watch by Information Management, its solution won the "Audience Choice" award at the O'Reilly Strata conference and was named by CRN a "Hot Product to See at Dreamforce," and included in the "Top 10 Things to See at Hadoop World."

Download a free trial version of the software at http://www.sisense.com/Prism™-free-trial

Legal Notices
Copyright © 2013 SiSense. All Rights Reserved. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media contact:
SiSense
Email Contact
415.937.1724

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Michael Maximilien, better known as max or Dr. Max, is a computer scientist with IBM. At IBM Research Triangle Park, he was a principal engineer for the worldwide industry point-of-sale standard: JavaPOS. At IBM Research, some highlights include pioneering research on semantic Web services, mashups, and cloud computing, and platform-as-a-service. He joined the IBM Cloud Labs in 2014 and works closely with Pivotal Inc., to help make the Cloud Found the best PaaS.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Archi...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settl...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...