Sisense, a business intelligence startup, is grappling with the aftermath of a cyber attack, as disclosed by the US Cybersecurity and Infrastructure Security Agency (CISA). The agency has urged Sisense’s customers to take immediate action by resetting passwords and monitoring for any suspicious activity on the platform. Despite CISA’s involvement, specific details regarding the nature and extent of the compromise remain undisclosed in the agency’s online alert, leaving many questions unanswered.
This cyber attack comes at a challenging time for Sisense, which has been navigating various business setbacks over the past year. Following two rounds of layoffs, including a recent one affecting around 13% of its remaining workforce, the company has faced significant internal restructuring and shifts in its strategic focus. Amidst these changes, Sisense has seen the departure of senior executives, multiple rounds of downsizing, and fluctuations in its business model, leading to uncertainties about its future trajectory.
Sisense’s journey has been marked by both growth and turbulence since its founding in 2004. From reaching a billion-dollar valuation in 2019 to experiencing workforce reductions and strategic pivots, the company has undergone significant transformations. Despite its challenges, Sisense has secured substantial investments from renowned venture capital firms like Insight Partners, Bessemer Ventures Partners, Battery Ventures, and Access, underscoring its potential for long-term success in the competitive business intelligence market.
