Sisense announced today that it has acquired Periscope Data to create what it is calling a complete data science and analytics platform for customers. The companies did not disclose the purchase price.
The two companies’ CEOs met about 18 months ago at a conference, and running similar kinds of companies, hit it off. They began talking and, after a time, realized it might make sense to combine the two startups because each one was attacking the data problem from a different angle. Sisense, which has raised $174 million, tends to serve business intelligence requirements either for internal use or externally with customers.
Author: Ron Miller