Deals
Qualtrics Raises Funds at $2.5 Billion Valuation
Qualtrics CEO Says IPO Is a Step, Not Final Destination
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Qualtrics, the enterprise-software maker whose customers include General Electric Co. and Microsoft Corp., raised $180 million in its latest financing, valuing the company at $2.5 billion.
That compares with a valuation of about $1 billion that the company received in its previous funding round in 2014, according to a statement Wednesday. Insight Venture Partners and Accel led the round, and Sequoia Capital also invested.