The publisher of backup and file sharing solutions, employing 350 people spread over France, Belgium, Spain, Switzerland, the United Kingdom, Singapore and Germany raises 65 million euros from Tikehau Capital, Matignon Investissement and Nextstage.
This transaction is the largest fundraising for an unlisted French software publisher. The purpose is both to finance the exit of Keensight Capital and the development of the group.
The company was advised by LL Berg (corporate: Grine Lahreche and Christophe Bornes, taxation: Nathalie Jacquart) and DC Advisory. Paul Hastings advised the investor.