DataArt Receives Investment

Bussinescluster.at reports Da Vinci Capital's private equity investment in DataArt.

“‘Under the agreement, DataArt will continue to focus on its three key markets: the US, the UK and Continental Europe, the areas where Da Vinci has substantial assets and proven success track record, including taking software engineering powerhouse EPAM to IPO on the NYSE in 2012.’ Key driver of the investment is DataArt’s strong growth. ‘DataArt’s 2017 revenues exceeded $125 million, which the company expects will grow annually by more than 20%. DataArt has appeared on the Inc. 5000 List of America’s fastest-growing private companies every year since 2010.’ ”

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