Welcome!

Microsoft Cloud Authors: Pat Romanski, Srinivasan Sundara Rajan, Glenn Rossman, Janakiram MSV, Steven Mandel

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
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, will compare the Jevons Paradox to modern-day enterprise IT, e...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your ...