$15m Investment for mTab

Insights platform mTab has secured $15 million in growth credit financing, from Kayne Anderson Growth Capital, with which to accelerate its global expansion, add customers in new industries and continue enhancing its technology.

A portfolio company of Milestone Partners, mTab provides access to analytics, reports and an expert community, helping researchers to explore, analyze and visualize their existing survey data. CEO Mark Langsfeld (pictured) comments: 'This new round will help mTab accelerate innovation in several key areas and broaden our product offering so we can help existing customers scale their insights while expanding in new markets. The funding will enable us to accelerate the growth of our team and invest even more in visualization and artificial intelligence features. We look forward to continuing to support our clients with industry-leading analytics solutions'.

Leon Chen, Managing Partner at Kayne Anderson says mTab 'solves the fundamental pain points of bringing enterprises' siloed market research together into one place for insight discovery, analysis and visualization', and that his firm's resources will help 'grow the business into a clear market leader'.

The firm is based in Yorba Linda, California, with offices in Japan and Poland, and is online at www.mtab.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.