Data-analytics consulting company Mu Sigma, it is the largest pure-play provider of analytics and decision support services for global enterprise customers, declared that it has closed a $108 million investment round led by General Atlantic. This is believed to be the biggest private-equity investment made to date in the emerging market for analytics services.
Mu Sigma works with market-leading companies across multiple verticals, solving high-impact business problems in the areas of Marketing, Supply Chain and Risk Analytics. With more than 50 Fortune 500 clients and 1500 analytics professionals, Mu Sigma is a category-defining company that has pioneered a new era in the analytics and decision sciences industry by integrating the disciplines of applied math, business and technology.
The company Mu Sigma has grown rapidly since its founding in 2004; in fact, its 2008-2010 revenue growth of 886 percent earned Mu Sigma a spot in the Inc. 500 list of America’s fastest-growing private companies. Mu Sigma also helps to the world’s biggest corporations of the vast amounts of data being produced online. The company is headquartered in Chicago with most of its analysts in Bangalore, employs are 1,400 people in June.
Tags: $108 million, analytics, general Atlantic, mu sigma