Decision Lens Secures $6.5 Million in Funding to Continue Record-Breaking Growth
Vision Thinkers, LLC Leads Round Including $3 Million of the Series-A Preferred Stock
ARLINGTON, VA — (Marketwired) — 07/24/14 –Decision Lens, the leading provider of Strategic Prioritization and Resource Optimizationsolutions, announced today the completion of a $6.5 million funding which included a $4.4 million Series-A Preferred round led by Vision Thinkers, LLC and $2.1 million in debt. Decision Lens will use the funds to invest in product development, marketing, and sales. The funding news follows on the heels of Decision Lens achieving 126% year-over-year growth in the first half of 2014.
Decision Lens has changed the way large enterprises make strategic decisions from capital planning projects and annual budgets to prioritizing research & development initiatives over the entire lifecycle of a product. Decision Lens’ advanced prescriptive analytics platform is used by dozens of organizations to overhaul their decision making and planning process. The platform is in place at many of the most well-known corporate brands and government agencies in the world including AstraZeneca, Boeing, Johnson & Johnson, the California Technology Agency, the U.S. Armed Forces, and more.
“During 2014, Decision Lens has experienced its greatest revenue growth ever, and that can be attributed to our technology platform finally hitting its stride among large enterprises. They are witnessing first-hand how invaluable the solution can be for the future of their business,” said John Kealey, CEO of Decision Lens. “Our Series-A funding will provide Decision Lens with the resources needed to meet the exponentially-growing demand for our decision analytics platform.”