Deal

Xtract Raises EUR 7.5 Million

The Finnish company Xtract has closed a round of series B funding at EUR 7.5 million. Commitments have been made by current investor Eqvitec Partners, as well as new investors Creandum, and InnovationsKapital.

The company is a provider of services enabling mobile and online companies to refine their customer data.

The funding will, along organic growth, enable Xtract to expand to markets outside Europe.  

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FundVerdane ETF III SPV (Prev. Eqvitec Technology Fund III K/S) Argentum share 14.19%
Portfolio CompanyXtract
Date of Transaction2008-07-08
TransactionFinance round
Seller
BuyerVerdane ETF III SPV (Prev. Eqvitec Technology Fund III K/S)
Size of TransactionEUR 7.5m
Ind. FocusICT
GeographyFinland
StageVenture
 

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