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29 June 2022
Global

DataArt Secures $75M Growth Investment from FTV Capital

DataArt Secures $75M Growth Investment from FTV Capital

Seeking Alpha covers the news that DataArt has secured a $75M minority growth investment from FTV Capital, a leading growth equity investment firm with over two decades of experience in enterprise technology.

“This investment will bolster DataArt’s position as go-to provider for innovative enterprise software development, following record business growth and expanded global delivery platform.”
“Cloud, specialized product, AI/ML, and data engineering are some of the most explosive segments in IT today and have become pivotal to every corporate IT environment,” said Richard Liu, partner at FTV Capital.”

The original article can be found here.

The news was also extensively covered by other media.