Pyramid Analytics, the Next-Generation Business Intelligence Platform, Announces $25 Million Growth Equity Funding Round Led by JVP
Pyramid Analytics, the Next-Generation Business Intelligence Platform, Announces $25 Million Growth Equity Funding Round Led by JVP
03/26/20, 1:15 PM
Location
new yorkMoney raised
$25 million
Pyramid Analytics, the next-generation business intelligence (BI) platform for the enterprise, today announced that it has closed a funding round of $25 million, led by Jerusalem Venture Partners (JVP), to fuel Pyramid Analytics’ growth. Participation in this round also included existing investors Sequoia Capital, Viola Growth, and Maor Investments. The round will be used to expand Pyramid Analytics’ global footprint, deepen strategic alliances with partners, and assume a leadership position in the market. The investment confirms the value of Pyramid’s leading enterprise-grade, cross-department analytic platform, which is mission critical in times of crisis
Company Info
Location
new york, new york, united states
Additional Info
Jerusalem Venture Partners (JVP), founded and led by Dr. Erel Margalit, is an internationally renowned venture capital fund. JVP has to date raised $1.4 billion across nine funds, and has been listed numerous times by Preqin, and other rankings, as one of the top-ten consistently performing VC firms worldwide. JVP has built over 140 companies, leveraging a broad network of partners and market expertise to help companies become global market leaders. JVP was recently chosen by New York City and EDC to lead the cyber security cyber hub in NYC. Among the pioneering firms of the Israeli venture capital industry, JVP has been instrumental in building some of the largest companies out of Israel, facilitating 12 Initial Public Offerings on NASDAQ, including CyberArk Software (NASDAQ: CYBR, $4.7 billion mkt. cap.), QLIK Technologies (NASDAQ: QLIK, then $4 billion mkt. cap.), and Cogent Communications (NASDAQ: CCOI, $3 billion mkt. cap.) and more.