BI Firm Decisyon Raises $22m

US business intelligence (BI) tech firm Decisyon has received $22m in Series B funding, for use in supporting its expansion plans in the US and Europe.

Founded in 2005, Stamford, CT-based Decisyon has developed collaborative BI and performance management software allowing analysis, planning and execution through a single platform. Users can access any type of structured or unstructured data; tie Facebook, Twitter and other social media data directly into call centers in real-time so as to respond to customers' needs; and track and analyse all transactions across affiliated financial organizations.

New funding was led by growth equity firm Catalyst Investors, and will be used to hire additional sales, marketing and delivery staff in the US, and grow sales and marketing activities in Europe.

CEO Ron Rose (pictured) comments: 'The additional capital and support from Catalyst Investors will accelerate our work to transform the BI industry and provide customer teams with powerful collaborative decision-making and execution capabilities. This funding is strong affirmation of Decisyon's world-class ability to deliver value to its enterprise customers and partners, and enables us to continue our rapid expansion in the US and Europe.'

Web site: www.decisyon.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.