Qualtrics
Funding and valuation
In 2012, the company received a $70 million Series A investment from Sequoia Capital and Accel), It was the largest joint investment to date by these two firms. In September 2014, the two firms returned to Series B funding, led by Insight Partners worth $150 million, a record for a Utah-based company, and valuing the company at $1 billion.
Filing for IPO
Plans for the IPO were scrapped when it was announced in November 2018 that Qualtrics would be acquired by SAP (NYSE: SAP).
Acquisitions
In May 2016, Qualtrics acquired statistical analysis startup Statwing for an undisclosed sum. Statwing was a San Francisco-based company that created point-and-click software for advanced statistical analysis.
Reading List
Report Issue