Vancouver-headquartered Visier announced today that it has closed $25.5 million in series C financing.
Visier will use the new capital to broaden adoption of its Applied Big Data solutions within the Human Resources (HR) market and penetrate new growth areas.
“Visier is at the front of a major shift in how people use data in their organizations. We founded Visier to reinvent analytics, and provide leaders enterprise-wide with a more efficient, cost effective, and intuitive way to gain insights into and make decisions about their business,” says John Schwarz, Founder and CEO of Visier.
“With this additional capital, we will go deeper and broader with our mission: enable business professionals to access data, visualize information, and make fact-based, strategic decisions — without any costly infrastructure investments or highly specialized technical skillsets.”
The latest funding round – which brings the company’s total financing to date to $49.5 million – is led by Adams Street Partners and includes participation from repeat investors Foundation Capital and Summit Partners.