Insight Partners-backed Insightful Science completed the acquisition of Dotmatics from Scottish Equity Partner for $700m.

Insight Partners-backed Insightful Science, a software provider serving the global life sciences community, completed the acquisition of Dotmatics, a cloud-based scientific R&D data management platform, from Scottish Equity Partner for $700m. “This announcement signals a significant transformation in the future of software and data management in research labs. Together our complementary businesses create an end-to-end cloud-first scientific research platform that stands apart in our collective ability to support data-driven research. We are beyond enthusiastic about the impact we can have on increasing the speed of scientific innovation, and ultimately helping to make the world a healthier, cleaner, and better place to live," Thomas Swalla, Insightful Science CEO.