Decisyon Inc., provider of the industry's only unified, collaborative
business intelligence (BI) and performance management platform, today
announced it received $22 million in Series B funding from a group of
investors led by growth equity firm Catalyst
Investors. The growth capital will support Decisyon's continued
global expansion including the hiring of additional sales, marketing and
delivery staff in the United States, rapidly growing sales and marketing
activities in Europe, and the next stages of the company's product
"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," said Ron Rose, CEO of Decisyon. "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 U.S. and Europe."
"With an easy-to-use, enterprise-grade solution built on a native
collaboration framework, Decisyon provides its already impressive
reference customer base with improved decision making capabilities and
substantial ROI," said Todd Clapp, partner at Catalyst Investors. "We
are thrilled to partner with Decisyon's talented management team as they
begin this next phase of growth."
In January, the company launched Decisyon
360 in the U.S. and Europe and in February the company was
recognized by Gartner, Inc. as one of th "Interesting Vendors" in its
2014 Magic Quadrant for Business Intelligence and Analytics Platforms*
report. The breakthrough collaborative BI and performance management
platform enables rapid, code-free development of operational BI and
planning solutions that deliver proven business value. Decisyon
360-built solutions are implemented in a fraction of the time and cost
required by legacy approaches requiring multiple products and custom
coding. Customers quickly realize ROI in both dollars and process
improvements, directly and positively impacting the bottom line.
Decisyon also offers Decisyon/Plant,
a manufacturing intelligence solution, and Decisyon/Engage,
a SaaS-based Social CRM application. The products' unique hybrid
architecture provides enterprises and partners with flexibility to
deploy solutions on-premise or in the cloud. The architecture also
provides full mobile support through HTML5, including collaboration,
data entry and process execution.
About Catalyst Investors
Catalyst Investors is a growth equity firm focused on technology-enabled
services including cloud computing, wireless infrastructure and digital
media. Founded in 2000 and investing its third fund, Catalyst draws on
its deep sector expertise and extensive network of industry leaders to
work in true partnership with management to create long-term value. The
firm makes both minority and majority investments of up to $40
million in rapidly growing companies. Catalyst is based in New York
City. For more information, please visit http://www.catalystinvestors.com or
follow Catalyst on Twitter: @CatalystInv.
About Decisyon, Inc.
Decisyon, Inc. provides enterprises, manufacturers and global brands
with collaborative BI and performance management software solutions that
integrate analysis, planning and execution - all in a single environment
- to accelerate smart decision-making. Founded in 2005, Decisyon
software is now used in more than 200 mid-size and global companies
including the pharmaceutical, financial services, banking, media,
fashion, manufacturing, retail, transportation, telecommunications and
automotive industries. Headquartered in Stamford, CT, the company
markets its software products in the United States and Europe through
partners and direct sales. For more information visit http://www.decisyon.com
or follow Decisyon on Twitter @decisyon or on LinkedIn at http://www.linkedin.com/company/decisyon-inc.
*Gartner "Magic Quadrant for Business Intelligence and Analytics
Platforms" by Rita L. Sallam, Joao Tapadinhas, Josh Parenteau, Daniel
Yuen, Bill Hostmann. February 20, 2014.
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