LA-based software and technology-focused private equity firm Diversis Capital has made an investment in Decision Lens, a provider of public sector planning software.
According to a press statement, Decision Lens’ customers include the US Department of Defense, the intelligence community, federal civilian agencies, as well as state and local governments.
John Saaty, CEO and Co-Founder of Decision Lens, said that his company’s success was “predicated on the notion that government agencies need better tools to prioritise their investments, plan for future years and align spending with strategic imperatives”.
Kevin Ma, Co-Founder and Managing Partner at Diversis, added: “From the first time we heard about Decision Lens, we were impressed by the uniqueness of their offering and the mission of the company.
“Our interest in Decision Lens grew as we learned more about the agencies relying on Decision Lens as mission critical for planning and budgeting, the product roadmap and the strong fundamentals of the business.
“We are thrilled to partner with Decision Lens to further its vision of modernizing how government prioritises, plans and funds. We know its software will be a critical driver of the government meeting its goals to be more data driven.”
Decision Lens was advised by KippsDeSanto & Co and Cooley.
Diversis was founded in 2013 and has raised over $1bn in institutional capital across its fund vehicles.
