By Maria Deutscher
Business intelligence returned to the center of attention in the analytics universe last week after Sisense Inc. received $50 million in funding from a group of investors led by private equity heavyweight Bessemer Venture Partners. The capital will be spent on widening the adoption of its namesake analytics platform, which is already finding use among more than 1,000 organizations worldwide.
Sisense draws much of its appeal from the data management engine under the hood, which only moves files into memory when they’re specifically needed and redirects the highest priority information to the processor cache for faster analysis. The startup claims that the approach enables its software to make much more efficient use of hardware than alternatives and thereby improve processing times. During a live demonstration two years ago, the software was able to blaze through a 10 terabyte workload in under 10 seconds on a low-cost commodity server.