Software company Decisyon has closed its series A round at $15m led by investment firm Axel Johnson.
Sweden-based private investment company Axel Johnson has led the $15m series A round for Decisyon, a US-based developer of performance management and enterprise software.
The deal included $10m of immediate proceeds and a $5m pre-negotiated second tranche scheduled for 2013. In 2011 Axel’s companies had revenues of about $4bn.
Founded in 2005, Decisyon provides its software to more than 1000 companies in media, banking, fashion and pharmaceutical industries. Decisyon will use the new funds to aid their global expansion…