Decisyon Raises $15 Million for Global Expansion

STAMFORD, Connecticut, Oct. 24, 2012 /PRNewswire/ -- Decisyon, Inc., a provider of enterprise software to Global 1000 companies, announced it successfully closed a $15 million funding round to drive global expansion and strengthen its capabilities to serve its rapidly growing customer base.

Decisyon's $15 million Series A round includes $10 million of immediate proceeds to the company and a pre-negotiated second tranche of $5 million scheduled for 2013.  The round was led by New York-based growth investor Axel Johnson Inc. and included other prominent private technology investors from the United States and the United Kingdom.

Built upon a unique collaborative data integration and analytics platform, Decisyon's applications integrate and analyze disparate sources of information dynamically across the enterprise – enabling teams to quickly engage with new insights, make informed decisions and initiate actions.

"Decisyon has an extraordinary set of assets, most notably breakthrough technology, great people and a strong customer base of well-known global brands," said Tom Cowan, Decisyon president and chief executive officer. "This funding enables us to support the company with the resources to expand into the global software market."  

"Axel Johnson has a long history of investing behind exceptional management teams working to create deep, lasting value for customers and their businesses," said Michael Milligan, president and CEO of Axel Johnson Inc.  "We are pleased to have the opportunity to participate in the rapid expansion of Decisyon's business."

About Decisyon

Decisyon's unique software allows its customers to drive significant financial and operational benefits by quickly discovering the key factors affecting business issues and processes, collaborating and deciding on the best course of action, and executing activities that optimize impact.  Its diverse Global 1000 customers include many of the most respected pharmaceutical, banking, manufacturing, media and fashion companies.

Today's Decisyon solutions include:

DECISYON/CDME – a collaborative decision making and execution application that unifies business intelligence and planning, collaboration and workflow – uniquely supporting both structured and unstructured data.

DECISYON/Plant – a visual manufacturing optimization application that enables automatic scheduling and execution of plant processes, operations, and problem resolution.

DECISYON/Tools – a development framework for partners to rapidly create collaborative data-driven applications, which incorporate both structured and unstructured data from virtually any source inside or outside the enterprise.

ECCE/Customer – a social CRM application powered by Decisyon that combines analytics, real-time engagement, workflow management, and integration into enterprise systems.

"Information technology needs to evolve from data silos to a 'digital nervous system' that continuously senses, responds and adapts to changing business conditions," said Franco Petrucci, founder and CTO of Decisyon.  "We designed Decisyon to give organizations the ability to bring multiple sources of information to critical decision points in an ad hoc way – unconstrained by the highly structured nature of traditional ERP, CRM, data warehouses and other enterprise systems."   

Management and Advisors

Decisyon's management team includes enterprise computing veterans: Tom Cowan, president and CEO (IBM, OutlookSoft); Franco Petrucci, founder and CTO (Decisyon); Ben Hennelly, CFO (Monitor, Axel Johnson); Gary Banks, SVP Customer Services (Monsanto, Xerox); Ken Lavoie SVP Sales (Mercator, OutlookSoft); Deirdre Silberstein, SVP Operations (Deloitte); Bill Ryan, CMO (Apple, Yahoo!).  The company's Board of Directors is led by experienced private equity investors Erik Jansen (Pequot Ventures, RockRidge Capital) and Bill Laverack (J.H. Whitney, Morgan Stanley).

The company is further supported by a team of strategic advisors led by Ron Rose (Priceline, Dell).

For More Information

Additional information is available on the company's websites: www.decisyon.com and www.eccecustomer.com.