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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| Fund | Eqvitec Technology Fund III Argentum share 14.2% |
| Portfolio Company | Xtract |
| Date of Transaction | 2008-07-08 |
| Transaction | Finance round |
| Seller | |
| Buyer | Eqvitec Technology Fund III |
| Size of Transaction | EUR 7.5m |
| Ind. Focus | ICT |
| Geography | Finland |
| Stage | Venture |