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 development.
“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 the “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.
Knobbe Martens attorneys Thomas Yee, Amy Chun and Jacob Peterson represent Decisyon in all intellectual property matters, including with respect to IP issues related to the Series B financing.
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 Knobbe Martens
With over 275 lawyers and scientists nationwide, Knobbe Martens Olson & Bear LLP dedicates its practice to all aspects of intellectual property law including litigation. Consistently ranked among the top intellectual property firms worldwide, Knobbe Martens serves a diverse group of clients from multinational corporations to emerging businesses of all stages. Headquartered in Orange County, California, Knobbe Martens also has offices in San Diego, Los Angeles, San Francisco, Silicon Valley, Seattle and Washington, D.C. More information about the firm can be found at www.knobbe.com.