This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here

Monday, 22 September 2014

Qualtrics gets $70m to move beyond MR

US— Online survey software firm Qualtrics has scooped $70m in private equity funding from Accel Partners and Sequoia Capital to help expand its SaaS products beyond market research.

The firm will also use the cash to speed up its international growth, starting with the addition of 250 new employees, according to a statement.

Bryan Schreier, partner at Sequoia Capital, said: “Qualtrics is the biggest software company you haven’t heard of yet. They’ve become the foundation of market research and customer analytics for thousands of happy customers.”

Clients who have used Qualtrics to carry out research include Microsoft, Royal Caribbean, Toyota, Zappos, Vodafone and Southwest Airlines.

Follow us on
Follow us on Twitter

Have your say

Please add your comment. You can include links, but HTML is not permitted.
Your email address will not be displayed on the site. All comments are moderated.

Mandatory
Mandatory
Mandatory
Mandatory