Global Industry Research Leader MarketsandMarkets Raises $56 Million in Growth Equity Led by FTV Capital

PUNE, India, March 23, 2017 /PRNewswire/ --

MarketsandMarkets, the leading global industry research and consulting company that provides syndicated and custom research focused on high-growth and niche markets, today announced that it secured a $56 million financing, led by FTV Capital, a growth equity investment firm with a strong track record investing across information services and analytics markets. Zodius Capital is a co-investor in the company. The funding is the first institutional capital raised by MarketsandMarkets, and the proceeds will be used to fuel the company's continued strong growth and global expansion, focused on the U.S. and European markets. As part of the transaction, FTV Capital managing partner Brad Bernstein will join the company's board.  

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Launched in 2010, MarketsandMarkets recognized the demand for both syndicated and custom research that delivers independent, quantitative, granular market insights, specifically in high-growth, emerging markets, to a diverse set of global B2B customers. The company's highly qualified team of analysts is often first to market in identifying nascent themes; leveraging the company's 'growth engagement model (GEM)', MarketsandMarkets is able to help clients develop proactive strategies to capitalize on revenue streams associated with new market entries and product releases.

"No company can afford to miss a changing market dynamic, when it comes to what will impact their revenues in the near future; companies need and rely on quantified impact data. As the world's largest research firm, currently providing 80% of Fortune 1000 companies and 5000 customers with market insights on emerging business intelligence, MarketsandMarkets has a proven model that will continue to scale," explained Sandeep Sugla, Founder and CEO, MarketsandMarkets.

"No market research company in the world can match MarketsandMarkets' depth, breadth, nor scale of research in niche market segments -- which has allowed our company to grow 100% year-over-year, while remaining highly profitable. We are excited to partner with FTV Capital, a firm with a proven track record in building leading companies serving the global enterprise, and this growth capital will further our success in taking share in the $40 billion global market," notes Aman Gupta, Co-Founder, MarketsandMarkets.