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Enterprise Social Software company blueKiwi raises €4.7 Millions

Posted by Stefano Bernardi On June - 25 - 2009

logoSofinnova Partners led the second round of funding for enterprise social software company blueKiwi.
The funding amounts to €4.7 millions, making it one of the largest achieved in France since the beginning of the year on the small caps market.

The Paris-based company, apart from having a cool website, provides a software solution that enables people-centric organizations to create powerful and secure professional networks where employees, partners and customers can share conversations, ideas, skills, resources and best practice with one another. The very definition of enterprise social software.

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“We are thrilled to complete this second tour and to welcome such a first class industrial partner as Dassault Systèmes” says Carlos Diaz, CEO of blueKiwi Software. “This strategic alliance will allow us to accelerate our international expansion and also to out-innovate new Enterprise 2.0 usages while elevating technological entry barriers”.

Dassault Systèmes, the worldwide leader in 3D and PLM solutions, is participating with more than €3 million and joining the board of the company. This new entry at blueKiwi Software’s board is a major milestone underlying a strategic technological and sales alliance signed by both companies to drive new growth opportunities and deliver on their shared vision of the Enterprise 2.0.

Olivier Sichel, partner at Sofinnova Partners concludes: “blueKiwi Software has a considerable potential of growth, encouraged by a steady increase of customers and a talented managerial team, now strengthened by Bernard Charlès joining as executive sponsor. This alliance is a perfect match and will propel the company at the first place with the ability to leverage Dassault Systèmes’ powerful team and exceptional experience”.
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Today’s venture capital deals in Europe

Posted by Stefano Bernardi On June - 22 - 2009

Some major venture capital activity today around Europe.

  • Austria: Mobil Data gets €2.3 Millions
  • Wiener Wachstumsfonds and tecnet equity have invested more than EUR 2m into mobile working company mobil data, with part of the funding being used to acquire sector rival Tempore Zeiterfassungssysteme.
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  • France: Systancia gest €1.5 Millions
  • A Plus Finance has invested EUR 1.5m into Systancia, a server based computing company.
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  • UK: CMS SupaTrak raises third round of funding
  • YFM Group, via the South West Ventures Fund, has further invested in vehicle tracking and mobile working solutions company CMS SupaTrak in a third round of funding.
    CMS SupaTrak logo Mar 08 brochure