SALT LAKE CITY — Online survey company Qualtrics became Utah's most-valued private tech business Tuesday when it announced an updated assessment that values the company at $2.5 billion — more than doubling its last valuation of $1.15 billion in late 2014.
The Provo-based company also announced an infusion of $180 million in new venture capital.
Qualtrics new valuation leapfrogs the company over Domo, an American Fork-based software company valued at $2 billion in a March 2016 assessment. Domo was started by veteran Utah tech entrepreneur Josh James, who sold his previous venture, Omniture, to Adobe for $1.