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M&A: Qualtrics waits on that IPO, raises $180 million at a $2.5 billion valuation instead

Qualtrics waits on that IPO, raises $180 million at a $2.5 billion valuation instead

That Qualtrics IPO many have been expecting is on hold for now. The online market research platform has just raised its third round for $180 million at a whopping $2.5 billion valuation.

The Provo, Utah-based company came from much humbler beginnings, bootstrapping the operation for a decade before finally taking financing from Sequoia and Accel in 2012. TechCrunch

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