New York, NY - DataArt, a New York-based high-end software outsourcing provider with development centers in Russia and the Ukraine, secured a $4 million private equity investment round, and is aiming to close an additional $2 million in the near future.

The first outside capital investment DataArt has taken since the company inception in 1997 will be used to strengthen sales and marketing efforts in high-end applications development and to support geographic expansion of DataArt’s delivery capabilities in Eastern Europe.
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Labels: dataart, finance, investments, IT, outsourcing provider