mTab, a portfolio company of Milestone Partners, has announced a $15 million growth credit financing from Kayne Anderson Growth Capital.
This funding aims to accelerate the company's growth and global expansion, catering to a broader customer base across new industries and enhancing the platform's technology, said a statement.
mTab provides a platform that aggregates siloed market research data for enterprises, facilitating insight discovery, analysis, and visualisation.
The platform is designed to serve organisations and research providers of various sizes, offering access to a comprehensive collection of market insights, supported by current data, analytics, reports, and an expert community.
The company said that currently it services are utilised by over 50,000 insight professionals from more than 250 organisations in over 40 countries, aiding in quick insights and informed decision-making to improve customer experiences and drive innovation.
“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,” stated Mark Langsfeld, CEO, mTab.
“The funding will enable us to accelerate the growth of our team and invest even more in visualisation and artificial intelligence features. We look forward to continuing to support our clients with industry-leading analytics solutions,” said Langsfeld.
“mTab solves the fundamental pain points of bringing enterprises' siloed market research together into one place for insight discovery, analysis, and visualisation. We are extremely excited to partner with the company and leverage Kayne Anderson's resources to grow the business into a clear market leader,” said Leon Chen, Managing Partner at Kayne Anderson Growth Capital.
