Pyramid Gets $11.5m to Build Further

Business intelligence software developer Pyramid Analytics has raised $11.5m in funding, which it plans to use to further develop its products and scale the business.

From its HQ in the Netherlands and operational centers in Israel, the US and elsewhere in the EU, Pyramid delivers online B2B business intelligence tools through a dashboard platform which features analytics and reporting applications. The firm's new funding has been led by Sequoia Capital.

CEO Omri Kohl (pictured) comments: 'We are absolutely delighted to have a funding partner with such an exceptional track record of building successful businesses join our team. This funding commitment allows us to consolidate our recent strong growth, continue developing our products and scale our business into a leading global BI player.'

Web site: www.pyramidanalytics.com .