Sisu, a diagnostic platform for structured data, has secured $52.5M in a Series B funding round that will fuel Sisu’s expansion in the rapidly growing operational analytics market.
This round was led by NEA, Andreessen Horowitz, the a16z Cultural Leadership Fund, and Green Bay Ventures also participated in the new round. The funding brings Sisu’s total capital raised to $66.7M, and coincides with the public launch of Sisu’s data analytics platform.
“Leveraging data to drive operational decisions is a superpower, but most organizations struggle to use even a fraction of their data. Current BI tools haven’t kept pace with the rise in data volumes and complexity,” said Peter Bailis, CEO and founder at Sisu. “Our goal at Sisu is to enable every business to understand what’s driving their key metrics and make every decision data-driven. We’re changing how organizations fundamentally operate.”
As more organizations implement modern data pipelines and cloud data warehouses, they can no longer rely on traditional BI tools to analyze their data at scale. Sisu automates the process of monitoring, diagnosing, and explaining changes to key metrics over ten times faster than any other method.
Ben Horowitz led Sisu’s $14.2 million Series A in July 2018 and is supporting the Series B round as well. Sisu will use the new investment to accelerate growth across engineering, product, marketing, sales, and operations.
As part of the round, Pete Sonsini of NEA will join Sisu’s Board of Directors alongside Ben Horowitz and Peter Bailis, CEO.
For more information about this news, visit www.sisu.ai.