Tech Company Financing Transactions
Qualtrics Funding Round
Qualtrics closed a $70 million financing round on 5/16/2012. Investors included Accel Partners and Sequoia Capital.
Transaction Overview
Company Name
Announced On
5/16/2012
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Accel Partners (Ryan Sweeney)
Sequoia Capital (Brian Schreier)
Proceeds Purpose
Accel and Sequoia will provide a range of services and $70 million to help Qualtrics expand its SaaS product offerings beyond market research and accelerate its global growth, beginning with the hiring of another 250 employees in the next year alone.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
Undisclosed
Provo, UT 84604
USA
Provo, UT 84604
USA
Phone
Website
Email Address
Overview
The company has developed a sophisticated research suite.
Management Team
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