Dataart Secures $75 Million Growth Investment From Ftv Capital To Further Expand Global Reach

DataArt, a global software engineering firm, today announced that it has secured a $75 million minority growth investment from FTV Capital, a leading growth equity investment firm with over two decades of experience in enterprise technology. This investment, which closed earlier this year, follows a year of extraordinary growth in 2021 and 2022 year-to-date, as DataArt expanded its international footprint, strengthened its service offerings in key innovation sectors and achieved record revenue growth. DataArt will use the new funding to accelerate its strong momentum, scale its global delivery capacity and secure its position as the leading provider for custom cloud and data software services.