Priya PatelTLDR
- Sisense, a business intelligence startup, was hit by a cyber attack
- The U.S. Cybersecurity and Infrastructure Security Agency urged customers to reset passwords and report any suspicious activity
Business intelligence startup Sisense has been hit by a cyber attack, according to the U.S. cybersecurity watchdog agency, the Cybersecurity and Infrastructure Security Agency (CISA). Customers were urged to reset passwords and other credentials that may have been exposed. The exact details of the compromise were not disclosed, but journalist Brian Krebs reported that “many millions of credentials” were affected. This cyber attack comes at a challenging time for Sisense, as the company has been struggling on the business side over the past year, including multiple rounds of layoffs and executive departures.
Sisense, founded in 2004, reached a valuation of a billion dollars in 2019 and reported an annual recurring revenue of $150 million last year. Its main investors are Insight Partners, Bessemer Ventures Partners, Battery Ventures, and Access. The company has undergone multiple strategic shifts over the years, focusing on large enterprises and integrating analytics tools into corporate software. Sisense appointed Ariel Katz as CEO in April last year, following a series of workforce reductions and changes in business focus.
