Nimsoft announces USD 10.3 million in funding
Nimsoft, a successful provider of service level management solutions, announced today that the company has secured funding from JMI Equity and Northzone Ventures.
The funding is to allow the company to extend market outreach and expand worldwide sales.
Nimsoft has not previously received external investment capital. The company has been profitable since its establishment in 1998, and has experienced substantial growth in revenues over the past three years.
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| Fund | Northzone V K/S Argentum share 11.43% |
| Portfolio Company | Nimsoft |
| Date of Transaction | 2007-01-12 |
| Transaction | Acquisition |
| Seller | |
| Buyer | Northzone V K/S |
| Size of Transaction | USD 10.3m |
| Ind. Focus | ICT |
| Geography | Norway |
| Stage | Venture |