Birst is a developer of a SaaS-based networked business analytics platform designed to offer a platform for enterprise Business Intelligence and analytics. The company's Birst platform connects together the organization through a network of interwoven virtualized Business Intelligence instances on top a shared common analytical fabric.
Birst embedded analytics provides a common ground between both business and technical users and provides a vehicle for insight in whatever format users want.
On May 2, 2012, Birst announced the close of their series D financing round with a raised total of $26 million. The round was led by Sequoia Capital and included participation from Hummer Winblad Venture Partners and DAG Ventures. The conclusion of the round brought Birst's total funding to $46 million.
Birst announced the close of their series E round on August 20, 2013 with a total raised amount of $38 million. Sequoia Capital led the round which included participation from Northgate Capital, Hummer Winblad Venture Partners and DAG Ventures. Birst planned to use the funding to build out the company.
Birst closed their series F funding round on March 17, 2015 with a total raised amount of $65 million. Wellington Management Company led the investment round with participation from Sequoia Capital, Hummer Winblad Venture Partners, DAG Ventures and Northgate Capital. The round brought Birst's total raised amount to $156 million. With the announcement of the funding, Birst's CEO Jay Larson said the round would be the last funding before Birst would approach an IPO.
On June 1, 2017 Infor announced the completed acquisition of Birst. Infor initially announced their intent to acquire Birst on April 25, 2017. Birst retained their name and became a subsidiary of Infor. As part of this acquisition, Birst's business intelligence platform became part of Infor's CloudSuite solution.
Release of Birst
SaaS-based Business Intelligence (BI) Market Set to Witness Huge Growth by 2019-2026 Focusing on Leading Players Microsoft, Qlik, SAS, Salesforce.com, TIBCO Software, Birst
December 14, 2019
Documentaries, videos and podcasts
- Business intelligence (BI)Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information.
- Business analytics
- SaaSSoftware as a service or SaaS is a software licensing and delivery model in which a software is licensed on a subscription basis. These softwares are web-based and does not require you to download to use. They are on-demand and hosted software which you can start using directly.