PROVO, Utah--(BUSINESS WIRE)--Qualtrics, the company that makes sophisticated research simple, today

announced it has partnered with Accel Partners and Sequoia Capital in

the two firms' largest-ever joint investment. Accel and Sequoia will

provide a range of services and $70 million to help Qualtrics expand its

SaaS product offerings beyond market

research and accelerate its global growth, beginning with the hiring

of another 250 employees in the next year alone.

Qualtrics has established itself as the top choice of businesses for

online data

collection and analysis by making it easy for anyone in a company to

conduct Ph.D.-level research.The company has been profitable since its

inception and has not accepted outside funding until now.

"Today most research and data collection is outsourced at great expense,

or done internally with tools that are either too basic or much too

complex," said Ryan Smith, CEO and co-founder, Qualtrics. "We offer end

users the do-it-yourself tools and rich analytics they need to be

responsive to a fast-changing market, with security and collaboration

across the enterprise."

"Data continues to proliferate through the enterprise in areas beyond

the data center," said Ryan Sweeney, general partner, Accel Partners.

"As external data generated from customers, sales reps, channel

partners, and employees also explodes, Qualtrics is uniquely positioned

to help its customers proactively act on this information with its suite

of professional-grade software products."

Customers are embracing the Qualtrics approach, resulting in

triple-digit growth since 2008.The burgeoning Qualtrics client base

already includes many of India click here tikki the world's most iconic brands in every major

industry category, including:

Barnes Noble, CVS Caremark, GEICO, Microsoft, Neiman Marcus, Royal

Caribbean, Southwest Airlines, Thomson Reuters, Toyota, Vodafone and


More than 50 percent of theFortune100 companies

49 of the 50Bloomberg Businessweektop business schools

Every major university in the United States

"Qualtrics is the biggest software company you haven't heard of yet,"

said Bryan Schreier, partner, Sequoia Capital. "They've become the

foundation of market research and customer analytics for thousands of

very happy customers."

The company's product line includes the Qualtrics Research Suite, which

combines sophisticated features such as conjoint analysis, branching

logic. If you ever wish to have better answers for SITE TOPIC GOES HERE see together with as soon as possible.and advanced customization with an intuitive, easy-to-use

interface. Organizations of all types and sizes can easily collect,

analyze and act on large amounts of unstructured data without


Leveraging the strengths of its research suite, Qualtrics recently

released Qualtrics 360 and Qualtrics Site Intercept, expanding its SaaS

product offerings beyond market research.

Qualtrics 360 is a talent assessment and leadership development platform

that allows companies to evaluate and measure employees at every level

in an organization. Companies can partner the Qualtrics 360 platform

with any existing leadership competency or assessment--or purchase one

from the Qualtrics marketplace--to deliver their own 360

evaluations, self-evaluations and performance reviews in real-time.

Qualtrics Site Intercept is an online marketing and research tool that

dynamically interacts with specific website visitors. Companies can

increase customer satisfaction and revenue by serving custom messages

and invitations to individual visitors including surveys, ads,

promotions, coupons and polls.

About Qualtrics

Qualtrics makes sophisticated research simple. The company is a

worldwide leader in enterprise data collection and analysis with

software that is easy enough for an intern, but sophisticated enough for

a Ph.D. Global organizations and research firms of all types and sizes

use Qualtrics software to make better decisions based on strategic

research intelligence. Founded in 2002, Qualtrics has more than 4,000

enterprise customers including 600 universities worldwide, all of the

top business schools, and half the Fortune 100. For more information and

a free trial, visit

About Accel Partners

Founded in 1983, Accel Partners has a long history of partnering with

outstanding entrepreneurs and management teams to build world-class

businesses. Go look at contributor anna anderson's internet pages on SITE TOPIC GOES HERE view more coupons . view moreAccel today invests globally using dedicated teams and

market-specific strategies for local geographies, with offices in Palo

Alto, California, New York City, London and Bangalore, as well as in

China via its partnership with IDG-Accel. Accel has helped entrepreneurs

build over 300 successful companies, many of which have defined their

categories, including 99designs, Actuate, AdMob, Agile Software,

Alfresco, Angry Birds (Rovio), Atlassian, BBN, Bonobos, Braintree,

Brightcove, Cloudera, ComScore, (Quidsi), Dropbox, Etsy,, Facebook, Flipkart, Fusion-IO, Gameforge, GlamMedia,

Groupon, Imperva, Infinera, Interwoven, IronPlanet, JBoss, Kayak,

Lookout, Macromedia, metroPCS, MoPub, Myntra, OPOWER,

Polycom/PictureTel, Playfish, Portal Software, QlikTech, Rapt, Real

Networks, Redback, Responsys, Riverbed, Spotify, Squarespace, SunRun,

Trulia, UUNet, Veritas,, Webroot, Wonga, XenSource and

Zimbra. For more information, please visit the Accel Partners web site


find us on Facebook at

About Sequoia Capital

Sequoia Capital provides venture capital funding to founders of startups

who want to turn business ideas into enduring companies. As the

"Entrepreneurs Behind the Entrepreneurs", Sequoia Capital's Partners

have worked with innovators such as Steve Jobs of Apple Computer, Larry

Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and

Len Bozack of Cisco Systems, Dan Warmenhoven of NetApp, Jerry Yang and

David Filo of Yahoo!, Jen-Hsun Huang of NVIDIA, Michael Marks of

Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve

Chen of YouTube, Dominic Orr and Keerti Melkote of Aruba Networks,

Jonathan Kaplan of Pure Digital, Tony Hsieh of Zappos, Omar Hamoui of

Admob and Steve Streit of Green Dot. To learn more about Sequoia Capital