Apica receives more capital
The Swedish ICT company Apica has attracted SEK 9 million in new venture capital from current investors Almi Invest and KTH Chalmers Capital. The new capital is meant to help enhance Apica´s leading position in the Swedish market for performance testing of web sites, but also to accelerate the company's international expansion.
Apica´s products test, analyze, monitor and improve the performance of companies and organizations´ web pages. Apica was founded in 2005 and has since taken a leading position in the Swedish market for performance tests.
The company´s customers include Pharmacy, Sergel Credit Services, SMHI, DN, TV4, Insurance, Avanza Bank and Post / Stralfors.
Almi Invest and KTH Chalmers will both invest a further SEK 4.5 million each.
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| Fund | Almi Invest Fund(s) |
| Portfolio Company | Apica |
| Date of Transaction | 2010-08-27 |
| Transaction | Finance round |
| Seller | |
| Buyer | |
| Size of Transaction | SEK 9.0m |
| Ind. Focus | ICT |
| Geography | Sweden |
| Stage | Venture |