Eqvitec Technology Fund III invests in Voddler
Eqvitec´s third Technology fund has invested SEK 26 million in Voddler through a private placement. Voddler delivers a unique home entertainment service via the Internet.
With more than 400 000 Swedish members Voddler showed more than 1 million movies in January alone. The new investment will support the company´s ongoing International expansion, which will launch Voddler in neighboring countries Norway, Denmark and Finland during the first quarter of 2010.
Read more
| Fund | Eqvitec Technology Fund III Argentum share 14.05% |
| Portfolio Company | Voddler |
| Date of transaction | 2010-02-05 |
| Transaction | Acquisition |
| Seller | |
| Buyer | |
| Size of transaction | SEK 26.0m |
| Ind.focus | ICT |
| Geography | Sweden |
| Stage | Venture |