October 8, 2012

CT software firm Decisyon raises $9.5M

Decisyon Inc., an Italian software company with headquarters in Stamford that offers social monitoring and analysis, has raised $9.5 million out of a $14.5 million offering, MassHighTech.com reports, citing federal filings.

The equity funding comes from 10 investors who are not named on the filing. Related persons listed on the filing include CEO Thomas Cowan; Ben Hennelly, executive vice president at New York-based private investment firm Axel Johnson Inc.; founder and Chief Technology Officer Franco Petrucci; and Erik Jansen, managing member of SENJA Holdings LLC and William Laverack Jr., head of Paumanok Partners LLC, both based in Greenwich.

Bill Ryan, the company's interim chief marketing officer, did not disclose the investors in the round, but told Mass High Tech that the company will use the most recent rundraise both for further development of the newest product lines, and to expand the company globally.

He said that the company's development office is in Italy, where it was founded, while the team and managers are in Connecticut, and that "the company is currently reevaluating what our presence in the U.S. will look like."

The company was incorporated in 2010, according to the filing.

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