Bain Capital, Spectrum Equity Acquiring SurveyMonkey

Authored by Mark Hefflinger on April 21, 2009 - 8:58am.

Boston - Bain Capital Ventures and Spectrum Equity Investors, two Boston-based investment firms, have announced plans to acquire a majority stake in SurveyMonkey, a provider of online survey services.

Financial terms of the agreement were not disclosed.

Founded in 1999, SurveyMonkey provides online subscription-based survey services that allow people to create surveys, collect responses and analyze survey results.

Since inception, over two million users have registered with SurveyMonkey, creating over six million surveys and generating over 200 million completed surveys, according to the company.

As part of the acquisition deal, Dave Goldberg, who has been an entrepreneur in residence with Benchmark Capital since 2007 and previously led Yahoo's music business, will become CEO of SurveyMonkey and a minority investor in the company.

Related Links:
http://www.spectrumequity.com

http://www.baincapitalventures.com

http://www.surveymonkey.com

Published in DMW Daily, April 21, 2009

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Comments

Polls and surveys

Submitted by anonymous (not verified) on June 18, 2009 - 11:18am.

Please come and try www.questchain.com. Questchain is a comprehensive and easy to use survey platform. Very useful for e-learning, simulations, research and opinion-polling, user feedbacks etc. Easy embedding of video clips, images, area selection on images and rich text in both Q and A, in addition to standard open-text, multi-choice and matrix questions. UGC, such as YouTube video clips, can be embedded just as easily.