TEL AVIV, June 12 Business intelligence software
provider SiSense said on Thursday it raised $30 million in new
financing led by venture capital firm DFJ Growth.
Existing investors Battery Ventures, Genesis Partners and
Opus Capital also participated in the financing.
The latest round of funding will enable SiSense to expand
its team and increase its global footprint, the Israel-based
firm said in a statement.
"SiSense allows business users to take advantage of big data
and make sense of it instantaneously," said Randy Glein, DFJ
Growth managing director.
SiSense Chief Executive Amit Bendov told Reuters last month
he expects sales to triple in 2014, boosted by soaring demand
from small- and medium-sized businesses seeking to analyse
growing amounts of data.
(Reporting by Tova Cohen)