Pyramid Analytics News
18 articles
growth-positive
The Israeli company took its total funding to around $250 million after raising $120 million at a $1 billion valuation in March 2022.
Pyramid Analytics, an AI-driven business analytics company, has secured $50 million in new financing from BlackRock, the worlds largest asset manager. This investment follows a previous funding round in May 2022, where Pyramid raised $120 million at a $1 billion valuation. The company, which simplifies data analysis for clients like the FDA, Hallmark, Deloitte, and Volkswagen, is well-positioned in the growing market for big data and business analytics. BlackRocks investment reflects confidence in Pyramids market positioning and business performance. The global market for big data and business analytics is projected to grow significantly over the next decade.
Investment
growth-positive
Pyramid Analytics secures $50M from BlackRock to drive AI business intelligence | CTech
Pyramid Analytics, an AI-driven business analytics company, has raised $50 million in new financing from BlackRock, the worlds largest asset manager. This investment follows a previous funding round in March 2022, where Pyramid raised $120 million at a $1 billion valuation. The company, which simplifies data analysis using AI and machine learning, serves clients like the FDA, Hallmark, Deloitte, and Volkswagen. The investment from BlackRock highlights confidence in Pyramids market positioning and potential for growth in the expanding big data and business analytics market, projected to grow significantly over the next decade.
Investment
growth-positive
Pyramid Analytics Expands Germany Team With Appointment of Martin McDonald as New VP for the DACH Region
Pyramid Analytics, a business analytics and decision intelligence provider, has appointed Martin McDonald as Vice President DACH. McDonald has held various management positions in global technology companies and will be responsible for developing and executing the regional strategy in the DACH market. This includes business operations and development, personnel development, key account management, growth of sales, and profitability in the region. He will also supervise and expand Pyramid Analytics’ DACH network of system integrators, value-added resellers, distributors, global information services and consulting firms, and complementary technology companies.
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Pyramid expands UK presence with public sector practice
Pyramid Analytics has launched a UK public sector practice to bring augmented analytics to public departments, agencies, and public bodies. The decision intelligence software provider aims to modernize the delivery of critical public services in Europes largest public sector market. Pyramids current government customers include the United States Department of Veterans Affairs, Israel Aerospace Industries, Israel Defense Forces, Ministry of Defence of the Republic of Slovenia, and Statistics Finland. The company received a £15m investment from BGF, a tech-enabled international freight firm.
Customers
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Business intelligence co Pyramid Analytics raises $120m
Israeli business analytics company Pyramid Analytics has closed a $120 million Series E financing round, bringing the total amount raised to $211 million. The funds will be used to further develop the companys product in the decision intelligence market. Pyramid Analytics plans to hire 150 more employees and aims to hold its IPO on Wall Street in 2024. The company had revenue of $50 million in 2021 and expects revenue of $90 million this year.
InvestmentExpandPublic Trading
Pyramid Analytics Positioned in 2022 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms for Ninth Consecutive Year
Pyramid Analytics Ascends to the Large / Enterprise-Wide Implementations Category in BARC BI & Analytics 22 Report
Pyramid Analytics Earns 92 Top Rankings and 90 Leading Positions in BARC's The BI & Analytics Survey 21
growth-positive
Pyramid Analytics Announces SAP Certifications for SAP BW 7.5 and SAP BW 4/HANA
Pyramid Analytics, a trusted analytics platform for enterprises, has announced its official SAP BW 7.5 and BW 4/HANA certifications. The certifications confirm Pyramids commitment to customers using SAP BW and BW 4/HANA, and validate Pyramids high-performance business intelligence capabilities on SAP. Pyramid can directly query any BW-based data warehouse without extracting or duplicating data, preserving the security and governance inherent in the SAP platform. Pyramid is now an official member of the SAP PartnerEdge open ecosystem and can be found on the SAP Certified Solutions Directory.
Partners
Pyramid Analytics Lands 6th-Straight Dresner Advisory Services WOC® Business Intelligence Market Study Industry Excellence Award
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Pyramid Analytics, the Next-Generation Business Intelligence Platform, Announces $25 Million Growth Equity Funding Round Led by JVP
Business intelligence platform Pyramid Analytics has raised $25m in a funding round led by Jerusalem Venture Partners (JVP). The round also saw participation from existing investors Sequoia Capital, Viola Growth, and Maor Investments. The funds will be used to expand the companys global footprint, deepen strategic alliances with partners, and assume a leadership position in the market. The investment confirms the value of Pyramid’s enterprise-grade, cross-department analytic platform, which is mission critical in times of crisis.
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Pyramid Analytics Makes It Easier for Customers to Adopt Enterprise BI With Pyramid 2018.04 Release
Pyramid Analytics has released Pyramid 2018.04, a new version of its platform-agnostic enterprise analytics software. The release includes over 100 new or enhanced features, with a focus on improving user experience and expanding deployment options. The addition of new languages, application interface personalization options, and in-application tutorials aim to make analytics easier for users. The release also introduces support for Sybase IQ, RSS feeds, Firebird, and enhanced support for SAP Hana, allowing users to analyze data more effectively. Additionally, the release includes AI-driven recommendation lists and full-featured Tablet apps for iOS and Android. Pyramid Analytics aims to scale BI adoption and make analytics more collaborative for enterprise customers.
CustomersPartnersExpand
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Pyramid Analytics Validated in Dresner Advisory Services' 2019 Industry Excellence Awards
Pyramid Analytics has been recognized in the Dresner Advisory Services’ 2019 Industry Excellence Awards as an Experience Leader in the Customer Experience model and a Credibility Leader in the Vendor Credibility model. This recognition comes after the companys fifth consecutive year as an overall leader in the same categories of the 2019 Wisdom of Crowds Business Intelligence Market Study. The annual Industry Excellence Awards honor vendors who have achieved a leadership position in the company’s market studies. Pyramid Analytics is a global leader in business intelligence and analytics, offering a platform that enables organizations to become data-driven businesses.
Customers
growth-positive
Pyramid Analytics - Wikipedia
Pyramid Analytics, a business intelligence software company, has secured $120 million in Series E financing, co-led by General Oriental Investments, H.I.G. Growth Partners, and Clal Insurance Enterprises Holdings. This investment brings the companys valuation to nearly $1 billion. Pyramid Analytics offers a data analytics platform that enables non-technical users to analyze data and make informed decisions. The company has partnerships with Thorogood, AAJ technologies, and Blackboard Analytics, among others. Its software is used by various companies and organizations, including the US Department of Veteran Affairs, Boise State University, Swiss Army, EMC, HP, and Hallmark.
Investment
growth-positive
Viola Private Equity Invests $30M In Pyramid Analytics
Viola Private Equity has invested $30 million into Pyramid Analytics, enabling the company to expand to new markets, create strategic partnerships, and continue expanding their R&D center in Israel.
InvestmentExpand
growth-positive
Pyramid Analytics teams with Microsoft
Israeli company Pyramid Analytics has announced a strategic agreement with Microsoft to develop business intelligence (BI) products and enhance commercial cooperation. The agreement allows organizations to maximize the benefits of BI solutions by integrating an app with their existing infrastructure. The partnership will offer new features for Power BI Desktop, facilitating integration between Power BI Desktop and the Pyramid Analytics server. The cooperation is expected to have a positive impact on Pyramid Analytics growth.
Partners
Big data's little helper pushes ahead: Pyramid Analytics plans to double - possibly triple - in hot market - Puget Sound Business Journal
growth-positive
Pyramid Analytics Given Top Rankings by Customers in 2014 BARC Business Intelligence Survey
Pyramid Analytics has received exceptional ratings from its customers in the 2014 BARC BI Survey. The survey ranked Pyramid Analytics #1 in 16 unique categories, including product satisfaction and customer satisfaction. Over 90% of users would recommend BI Office. The survey examined BI product selection and usage among users in various areas. Pyramid Analytics was measured alongside competitors such as Tableau and IBM Cognos. The CEO of BARC praised Pyramid Analytics for its functionality and customer ratings. Pyramid Analytics BI Office Analytics Platform offers quick and scalable deployment and ease of use within an enterprise class data governance framework.
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