The company has received a round led by Inveready, with the aim of consolidating its growth in the European market, focusing on countries such as the UK, Italy, France, Belgium and the Scandinavian market. In parallel to its expansion in Europe, the resources will also support the launch of a new energy consumption analysis tool called Energy Grader.
As can be seen in EIF's report on European venture capital divestments, European venture capital investment has grown considerably over the past 10 years. From 2010 onwards, these investors began to make exits, encouraged by the recovery of the technology industry, evidenced by increases in Nasqad and venture capital valuations, while interest rates were low.
In March, new funds have come to light with different purposes: internationalisation towards Latin America, promotion of new technologies and direct lending. This shows that venture capital activity in Spain continues its positive trend.
Parclick, the Spanish online parking booking app, closes a €2M round to strengthen its presence in the 170 cities where it is present in France, Italy, Portugal and Spain, and to open up to new markets, with a special focus on Central European countries.
Karl-Heinz Streibich, CEO of Software AG, said: "With the acquisition of Cumulocity, we are strengthening our market leadership and facilitating our customers' access to IoT by bringing them the benefits of an expanded, holistic product portfolio that combines physical sensor data with innovative analytical software solutions.
With the entry of Artá Capital, Satlink, which is pursuing a policy of international growth, will enhance its growth process and take advantage of existing opportunities for expansion into new markets and products.
SocialDiabetes was the only Health project to receive investment under the innovative SME instrument of the European Horizon 2020 programme. The platform has thus obtained the highest score in terms of impact, excellence, quality and efficiency of implementation.
A total of 101 companies are participating in the development of these projects, of which 68.31 pT1T are SMEs and, of these, 46.41 pT1T belong to medium and high technology sectors. Of the total number of companies involved, 37, i.e. 37%, are receiving CDTI funding for the first time.
Microsoft made a total of 10 acquisitions in 2016. This deal is one of the largest ever closed in the technology sector and a sign of Microsoft's strategy: to move from the era of personal computers and services to artificial intelligence in all spheres, through cloud services and mobile devices. What other companies has it bought?
Mobusi is one of the leading mobile advertising companies in our country, which only a month ago bought the video game development company Lab Cabe. With the purchase of Upplication, Mobusi has further expanded the possibilities it offers, and now allows companies to communicate with their customers through websites, SMS or apps.
CMC plans to integrate both products into its digital transformation, IoT and cybersecurity platforms to support enterprise projects to transform their business models in the new digital environment.
The round, which was led by Seaya Ventures, will serve to consolidate the international expansion and product development of this holiday accommodation metasearch engine.