Israeli big data startup Sisense has leased three floors in Ramat Gan's Atrium Tower. Sisense has signed a seven year deal with Amot Investments Ltd. (TASE:AMOT) for 4,500 square meters but declined to disclose how much it is paying per square meter.
Sisense has 350 employees and plans hiring 50 more.
Sisense Israel GM Saar Bitner said, "The move to our new spacious offices reflects the growth that the company has undergone over the past few years. This is just the first step in a range of measures for the company's expansion."
Founded in 2008, Sisense, which seeks to disrupt the business intelligence and analytics market, has raised $100 million to date including $50 million in a Series D financing round last year. Investors include Genesis Partners, Battery Ventures, Opus and DFJ.
Sisense has hundreds of customers in 54 countries including Nasdaq, Philips, GE in a range of industries including finance, retail and healthcare services.
The Atrium Tower is a 40-floor, 57,000 square meter office high-rise by the Ramat Gan Diamond Exchange, which will house many high-tech companies. Sisense's offices will be located on the 15th, 16th and 17th floors.
Published by Globes [online], Israel business news - www.globes-online.com - on June 1, 2017
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