Deal

bMenu receives funding

bMenu has raised a total of NOK 16.2 million in a finance round. The company's existing owners, founder Bjørn Holte and Alliance Venture, are joined by Investinor in the finance round.

bMenu was established in 2005, and had 12 employees and a turnover of NOK 2 million in 2009. The company develops and sells software that automatically adapt existing websites for mobile viewing.

Investinor invests NOK 7.35 million in the company and will own 14.6 percent of bMenu following the transaction.

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FundAlliance Venture Polaris
Portfolio CompanybMenu
Date of Transaction2010-09-02
TransactionFinance round
Seller
Buyer
Size of TransactionNOK 16.2m
Ind. FocusICT
GeographyNorway
StageVenture
 

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(2011-07-13)