Qlik, a company specializing in data analytics, integration, and artificial intelligence solutions, has completed an investment round.
The round was led by a subsidiary of the Abu Dhabi Investment Authority (ADIA), with Thoma Bravo also participating.
The investment tour was first agreed upon in November 2024 and includes a small group of institutional investors.
It has received all the necessary regulatory approvals and aims to help Qlik grow quickly in the market, particularly in the adoption of enterprise AI solutions.
This investment comes as Qlik keeps growing its unified platform.
The company has recently acquired Upsolver and developed new solutions using artificial intelligence and conversational analytics.
Qlik wants to meet the rising demand for trustworthy and scalable AI solutions.
This is especially important as companies focus on cutting costs and building trust in their technology systems.
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