Friday, October 11, 2013

SurveyMonkey Sells Off TrueSample

Palo Alto-based SurveyMonkey said this week that it has agreed to sell online sampling service TrueSample, to a group of investors led by Five Peaks Capital Management. Financial details of the sale were not disclosed. SurveyMonkey had acquired TrueSample back in 2012, from TPG Growth. TrueSample develops technology for validating survey responses for the market research industry.