Qlik Secures Major Funding From ADIA and Thoma Bravo to Boost AI Expansion

Editorial Team

Last updated 13-05-2025

2 min

Qlik has concluded a major funding round led by Abu Dhabi Investment Authority's subsidiary.

This investment will fuel Qlik's expansion in the fast-growing enterprise AI market.

Qlik recently acquired Upsolver, enhancing its AI-driven solutions like conversational analytics.

The company seeks to meet rising demand for scalable and accountable artificial intelligence services.

Backed by big investors, Qlik is poised for a promising future in technology.

Qlik, the software firm specialising in data analysis, integration solutions, and artificial intelligence, has wrapped up a significant funding round led by a subsidiary of Abu Dhabi Investment Authority (ADIA) and joined by the private equity giants Thoma Bravo.

Initially inked back in November 2024, the investment attracted attention from a carefully selected bunch of institutional investors, with all the necessary regulatory approvals now safely tucked away. These funds are aimed at powering Qlik's expansion, especially at a time when the market for enterprise-level AI solutions is hurtling forward at an extraordinary pace.

This latest fundraising comes amid Qlik's ongoing efforts to broaden its unified platform. Just recently they've made headlines with their acquisition of Upsolver, accelerating efforts in AI-driven developments including conversational analytics and intelligent agents.

It seems clear Qlik wants to capitalise on the increasing demand for reliable, scalable artificial intelligence services. There's definitely a shift in how businesses are thinking these days—more organisations are aiming to tighten the purse strings, focusing carefully on managing costs while building lasting relationships and trust throughout their technology stacks.

"If the rate at which companies are embracing artificial intelligence continues," one tech analyst told Arageek recently, "firms that can demonstrate clear efficiencies, scalability, and accountability will be positioned perfectly to benefit."

You can't blame Qlik for being bullish. With big-hitters like ADIA and Thoma Bravo on board, along with a roster of instituational backers, it's clear this company is looking ahead to a bright future in tech.

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