San Francisco -- Birst, a San Francisco-based developer of agile business intelligence tools, said on Wednesday it has raised $26 million in a new round of funding, led by Sequoia Capital. Previous backers Hummer Winblad and DAG Ventures who participated in the round, which the company will use, in part, to expand into new markets. The news caps of a year in which the company has unveiled an array of new offerings, including a web-based business intelligence appliance, an in-memory database optimized specifically for analytics, a cloud-based mobile business intelligence SDK for the iPad, and support for Hadoop and Big Data analytics. Customers include Aruba Networks, Five9, Host Analytics, Motorola, Saba, SunCap Financial and Swann Insurance.
http://www.birst.com
http://www.birst.com/company/press/birst-secures-26-million-financing-led-sequoia-capital
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