Utopia Obtains $50,000,000 New Round

  • Feed Type
  • Date
    5/15/2012
  • Company Name
    Utopia
  • Mailing Address
    405 Washington Blvd Mundelein, IL 60060
  • Company Description
    To be the unparalleled global leader in Enterprise Data Solutions, enabling our customers to harness the power of data and unleash the full potential of their enterprise.
  • Website
    http://www.utopiainc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With additional funding, we can now accelerate and expand our global footprint, leverage Utopia University to hire and train locally in international markets, expand our offerings in to new verticals, and invest in cutting edge research at Utopia Labs, our new R&D and innovation center, to help define the future of data. We plan to hire an additional 500 employees in 2012 to meet our growth targets.
  • M&A Terms
  • Venture Investor
    FTV Capital
  • Venture Investor
    Liberty Mutual Insurance

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