Catalyst Investors Leads $26M Series B for Decisyon
April 14, 2014
Decisyon, the provider of a unified, collaborative business intelligence (BI) and performance management platform, has received $26 million in Series B funding: $22 million in equity from a group of investors led by growth equity firm Catalyst Investors and $4 million in venture debt from Horizon Technology Finance Management. The company 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.
Decisyon software is used in more than 200 mid-size and global companies that span the pharmaceutical, financial services, media, fashion, retail, transportation, telecommunications and automotive industries. The company previously raised around $15 million of Series A funding in October 2012. The new capital will support Decisyon’s continued global expansion, including the hiring of additional sales, marketing and delivery staff in the U.S., growth of sales and marketing activities in Europe, and the next stages of the company’s product development.