Sisu, a Decision Intelligence Engine, announced it has raised $62 million in a Series C funding round, accelerating the company’s continued growth and investment in closing the gap between data that is collected and data that is used in decision-making.
The funding round was led by Green Bay Ventures and with participation from existing investors a16z and NEA and new investor Geodesic Capital. The new funding brings Sisu’s total capital raised to more than $128 million.
Additionally, the company is offering Explorations and Dashboards, two new capabilities that will allow businesses to accelerate the process of data-informed decision-making.
With Sisu’s Decision Intelligence Engine, analysts and business leaders alike can quickly and comprehensively leverage their cloud data to understand what’s happening in their business, why it’s happening, and how to take action.
The launch of Explorations and Dashboards takes the company a step closer to its goal of closing the Decision Gap: the space between the data that’s collected, stored, and organized in modern organizations and the data that’s actually utilized to make decisions.
"Today, businesses have massive amounts of complex data, but not enough time, people, or the right tools to analyze it—that’s the massive problem Sisu is working to solve," said Peter Bailis, CEO and founder of Sisu. "This financing in combination with the launch of Explorations and Dashboards allows us to further our goal of redefining how business decisions are made by empowering everyone to better understand what’s happening to their businesses, why it’s happening, and what actions to take in response."
Explorations allow Sisu users to quickly and easily dig into, pivot, and visualize metrics, without requiring code; Dashboards permit users to view explorations, track metric changes, and share key data drivers with colleagues and executives.
The integration of these tools with Sisu’s existing analysis capabilities creates an industry-first experience where analysts and business leaders are able to seamlessly transition between analyzing what has happened in their business to why it has happened, and what to do about it—all on a single platform and without writing any code.
For more information about this news, visit https://sisudata.com/.