6th Sense Analytics, which has been operating in stealth mode, is out of the shadows now that it has closed on $1.5 million in venture financing.
6th Sense is focused on software development analytics.
Leading what the company called a seed round of financing is Intersouth Partners of Durham. Also participating is Ching-Ho Fung, an independent investor based in Washington, DC.
As part of the deal, Kip Frey of Intersouth will join the 6th Sense board. So will Fung as well as RTP entrepreneur David Babson, a founder of SmartPath.
“We’re excited about working with 6th Sense Analytics,” Frey said in a statement. “The founders, who are industry veterans, impressed us with their market knowledge and customer relationships, as well as their product expansion plans. This company is creating a new value proposition for the software development community and we are excited to be part of it.”
6th Sense says it has developed what it calls a “non-obtrusive” solution by which software developers and development teams can get data that measures the efficiency, productivity and quality of their work.
“6th Sense is creating a new paradigm for the collection and analysis of information about the software development process,” Fung added. “The company has produced a unique solution that provides real-time data about the work flow, efficiency and effectiveness of individual developers and development teams.”
Todd Olson and Greg Burnell founded 6th Sense in 2004. Burnell acts as chief executive officer. Both worked at TogetherSoft, a Raleigh-based software firm that was acquired by Borland Software in 2002.
“We are honored to have Intersouth and Ching-Ho Fung join us in building a world class company dedicated to the worldwide improvement of software development capabilities,” said Greg Burnell, CEO of 6th Sense Analytics. “Kip, Ching-Ho and David bring decades of success and experience to our business and we look forward to working closely with them as we bring our products to market.”
6th Sense: www.6thsenseanalytics.com
