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Sequoia Capital helps cloud intelligence platform Birst to $38m of new capital

20 Aug 2013

network dataSequoia Capital has joined all of the previous backers of cloud business intelligence platform Birst to help the company raise $38m of new financing.

Northgate Capital was among investors in the financing for Birst, which is looking to expand into new markets in Europe, Asia and the Middle East.

New customers using Birst this year have included American Express, Cisco and Samsung.

Sequoia Capital partner Doug Leone said, “Companies are drowning in data, and Birst is the lifeline that allows them to surface the information that really matters.

“We’re excited to continue to partner in their success.”

Last week Redpoint Ventures led a $16m Series A round for business intelligence software company Looker Data Sciences, which has doubled its customer base since launching its Looker BI Platform in March.

First Round Capital and Looker’s seed investors also participated in the round.

Looker’s technology is a browser-based analytics platform for exploring and collaborating with data of any size.

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