Sightfull Bags $18M From Dell for Its Data Analytics Platform
Sightfull, a business data analytics platform for SaaS companies, announced Tuesday it secured $18 million in Series A funding.
The round led by Dell Technologies Capital brings the company’s total raised capital to $24 million and will be used to accelerate product development, meet market demand and hire new team members across departments.
Sightfull’s platform allows SaaS companies to gain insight into go-to-market strategies by quickly analyzing large amounts of business data. This allows company leaders to keep an eye on strategies and pivot when necessary.
“Since the beginning of the year, we’ve seen a major increase in the rate at which our customers analyze their efficiency and profitability metrics,” Sightfull CEO and co-founder Noam Liran said in a statement. “This is a clear indication of the change in the market which requires companies to continuously test and adjust their go-to-market strategies in real-time, which is exactly what our platform provides.”
The platform only takes a few hours to get up and running. Once live, it automatically identifies areas that are preventing revenue growth, which empowers leaders to make impactful decisions. The platform is also completely self-service, meaning companies don’t have to hire data analysts to gain insights into their business operations.
Currently, Sightfull is hiring for four positions across departments with more positions likely to open up soon as the company puts its new capital to use.