Tech Company Financing Transactions
Utopia Funding Round
Utopia, based in Mundelein, secured $50 million from FTV Capital and Liberty Mutual Strategic Ventures.
Transaction Overview
Company Name
Announced On
5/15/2012
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
FTV Capital (Lead Investor) (Brad Bernstein)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
405 Washington Blvd. 203
Mundelein, IL 60060
USA
Mundelein, IL 60060
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arvind Singh
Chief Operating Officer
Narinder Singh
Chief Technical Officer
Peter Aynsley-Hartwell
Vice President
Richard Anderson
Vice President
Scott Roltsch
VP - Human Resources
P N Subramanian
VP - Sales
Stephen Kouba
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