Tuesday, April 17, 2018

VizExplorer Gets Funding From Morgan Stanley

San Diego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. Size of the new investment was not announced. VizExplorer said that it was previously owned by Endeavor, which will continue to have a minority investment in the company. Morgan Stanley Expansion Capital is part of Morgan Stanley Investment Management focused on private equity investments. VizExplorer said the new investment will go to accelerate its growth, gain broader adoption, and to expand to additional verticals, such as manufacturing, entertainment, and healthcare. The company's software is currently used primarily by casinos. The company says its technology is used at more than 600 casino properties, and that it currently has approximately 150 employees. More information »