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August 20, 2013 03:24 pm GMT
Rack up one more win for companies looking to overturn legacy enterprise IT with cloud-based services. Birst, a San Francisco-based startup using the software-as-a-service model to sell business intelligence solutions, has raised another $38 million. The funding is going all towards building out the company: CEO and co-founder Brad Peters tells TechCrunch the plan is to get more aggressive in Europe and Asia, widen its product offerings and staff up in sales and marketing. This Series E round was led by existing investor Sequoia Capital, included participation from other previous investors, and introduced a new backer to the company, Northgate Capital.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FD40VTSEENg/
Birst Raises $38M Led By Sequoia To Expand Its Cloud-Based Business Intelligence Solutions
Rack up one more win for companies looking to overturn legacy enterprise IT with cloud-based services. Birst, a San Francisco-based startup using the software-as-a-service model to sell business intelligence solutions, has raised another $38 million. The funding is going all towards building out the company: CEO and co-founder Brad Peters tells TechCrunch the plan is to get more aggressive in Europe and Asia, widen its product offerings and staff up in sales and marketing. This Series E round was led by existing investor Sequoia Capital, included participation from other previous investors, and introduced a new backer to the company, Northgate Capital. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FD40VTSEENg/
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