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US business intelligence firm Decisyon lands $22M in Series B round

April 10
1:54 PM 2014

Decisyon Inc has raised $22 million in its second funding round. Catalyst Investors was the lead backer in the round, according to VentureBeat.

The company will use the new capital to fuel its global expansion, staff hiring in the US, and marketing and product campaigns in Europe, the report added.

Ron Rose, the chief executive officer (CEO) of Decisyon, shared the company's plans: "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. 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."

Decisyon is a company that provides collaborative business intelligence (BI) solutions for enterprises. Its flagship product is the Decisyon 360 which provides fast and code-free development of planning solutions. These tools are more affordable and take less time to implement. Other products include manufacturing intelligence solution Decisyon/Plant and Social CRM app Decisyon/Engage, VentureBeat reported.

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