Birst raises $38M for its next-gen BI technology

Business intelligence and analytics startup Birst has raised a $38 million Series E round led by Sequoia Capital. Birst has been very busy in the past couple years, moving from SaaS to on-prem software, rethinking the data warehouse and even launching a Hadoop-based service. It looks like Birst is positioned to test the IPO waters like Qliktech and Tableau before it.