6th Sense Analytics Raises $5 Million in Series A Venture Funding. - Free Online Library
Summary
Founded in 2004, 6th Sense Analytics offers a hosted software-as-a-service (SaaS) solution for automating the collection of metrics to gain visibility and control over software development projects that span multiple geographic locations. 6th Sense unveiled the latest version of its groundbreaking analytic solution today at the Launchpad for Emerging Technology, DEMO 07, in Palm Springs, California (6th Sense Analytics Launches New Solution at DEMO 07).The financing was led by Core Capital, a Washington, D.C.-based private equity firm that provides capital to both early-stage technology ventures and small to mid-sized growth companies. "Core Capital has completed a number of deals in the analytics space and will bring deep domain expertise to the Board," said 6th Sense CEO, Greg Burnell. 6th Sense helps organizations reclaim this managerial control by delivering factual data and providing full transparency into the execution of the software development process. "6th Sense Analytics provides a simple and novel solution to the longstanding challenge of gaining visibility into software development processes," said William Dunbar, managing director for Core Capital.