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Venture Capital News: Decisyon Grabs $15M

2012-10-24
STAMFORD, CT, Provider of enterprise software to Global 1000 companies, announced it successfully closed a $15 million funding round.
Decisyon, Inc., a provider of enterprise software to Global 1000 companies, announced it successfully closed a $15 million funding round to drive global expansion and strengthen its capabilities to serve its rapidly growing customer base.

Decisyon's $15 million Series A round includes $10 million of immediate proceeds to the company and a pre-negotiated second tranche of $5 million scheduled for 2013. The round was led by New York-based growth investor Axel Johnson Inc. and included other prominent private technology investors from the United States and the United Kingdom.

Built upon a unique collaborative data integration and analytics platform, Decisyon's applications integrate and analyze disparate sources of information dynamically across the enterprise - enabling teams to quickly engage with new insights, make informed decisions and initiate actions.

"Decisyon has an extraordinary set of assets, most notably breakthrough technology, great people and a strong customer base of well-known global brands," said Tom Cowan, Decisyon president and chief executive officer. "This funding enables us to support the company with the resources to expand into the global software market."

"Axel Johnson has a long history of investing behind exceptional management teams working to create deep, lasting value for customers and their businesses," said Michael Milligan, president and CEO of Axel Johnson Inc. "We are pleased to have the opportunity to participate in the rapid expansion of Decisyon's business."

About Decisyon

Decisyon's unique software allows its customers to drive significant financial and operational benefits by quickly discovering the key factors affecting business issues and processes, collaborating and deciding on the best course of action, and executing activities that optimize impact. Its diverse Global 1000 customers include many of the most respected pharmaceutical, banking, manufacturing, media and fashion companies.
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