Cloud business intelligence software developer Birst has raised $38 million in Series E venture funding to help it go global with its competition against industry giants SAP, Oracle and IBM.
The San Francisco company led by co-founder and CEO Brad Peters said the round was led by longtime investor Sequoia Capital. New investors included Northgate Capital and were joined by all of the company’s other existing investors including Hummer Winblad Venture Partners and DAG Ventures.
Birst helps its customers make sense of the torrents of information coming in through multiple cloud applications as well as internal software programs. It says new customers include American Express, Cisco, Johnson Controls and Samsung
Read More: http://www.bizjournals.com/sanjose/news/2013/08/20/birst-gets-38m-to-go-global-with.html
