Eqvitec III invests in eBuilder
Eqvitec Technology Fund III, alongside Swedish Industrifonden, are investing a total of SEK 40 million in fast-growing eBuilder.
eBuilder offers systems for business process integration with a Software as a Service (SaaS) business model. The company has developed solutions in logistics, purchasing and travel and provides its services online. As eBuilder's services are online, the client can avoid buying its own servers, systems and software.
The company currently has a half-million users in 50 countries, and intends to use the new capital to accelerate its expansion.
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| Fund | Eqvitec Technology Fund III Argentum share 14.2% |
| Portfolio Company | eBuilder |
| Date of Transaction | 2009-08-26 |
| Transaction | Acquisition |
| Seller | |
| Buyer | |
| Size of Transaction | SEK 40.0m |
| Ind. Focus | ICT |
| Geography | Sweden |
| Stage | Venture |