Birst Raises $38 Million
Birst is the only enterprise-caliber Business Intelligence platform that was created in the cloud. The company has announced today that they have completed a $38 million round led by Sequoia Capital. All of the company’s existing investors also participated in this round and were joined by new investor Northgate Capital. Birst plans on using this funding to expand internationally and grow their sales/marketing force. They will also be investing in new product capabilities. Birst especially plans to expand into Europe, Asia, and the Middle East.
Some of Birst’s customers include Build.com, Cisco Systems, InterContinental Hotels, Johnson Controls, Samsung, Nippon Life, Sunny Delight, and American Express. Birst also has a significant number of strategic alliances with Amazon, NetSuite, and Marketo along with solution provider partnerships with Acumen, Analytics8, Audaxium, CorSource, Eagle Creek, The Pedowitz Group, Projectline, TeleTech and 3Coast.
“The demand for BI continues to grow and the shift to the Cloud has become unstoppable,” stated Birst co-founder and CEO Brad Peters. “We already have the industry leading product. This investment furthers our ability to strengthen our solution and will allow us to offer it around the world.”
Birst offers visual analytics for Big Data taken from automated data warehouses. Over a thousand businesses are Birst customers.