13 November 2019, India:
Cloud business intelligence (BI) and analytics firm Sigma Computing has raised $30 million from existing investors, Altimeter Capital and Sutter Hill Ventures.
The company will use the fresh capital to expedite product innovation and help support it’s rapidly expanding customer base.
Mike Speiser, Sigma board member and Managing Director, Sutter Hill Ventures, said, “Along with Altimeter, Sutter Hill has doubled down on its investment in Sigma as a vote of confidence in the company’s seasoned leadership team and its unprecedented solution.”
Mike Speiser, added, “Sigma is a business accelerator solving real business issues across industries from technology to shipping and fashion. We’re extremely excited to support such a promising catalyst in this explosive market.”
Rob Woollen, CEO and Co-Founder, Sigma, said, “This financing provides a clear line of sight toward the explosive customer growth we see on the horizon and the continued innovation it will take to get there. Data is worthless without a tool that empowers teams to properly explore it and uncover actionable business intelligence.”
Rob Woollen, added, “At Sigma, we’re committed to empowering the curious by making data accessible for everyone at an organization, while keeping a laser focus on the governance, compliance, and security issues that often plague other data products.”
(Image – Sigma Computing)