ADAM Software boosts its international expansion due to capital injection by ARKAFUND |
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ADAM Software completed its search for backers for its latest capital injection of 1 million euro. ARKAFUND is subscribing the whole amount of the investment.
Pieter Casneuf, Executive Partner at ADAM Software: "We have developed our software platform to become world-class, thanks to the experience that our company built up with Dirk Noppe within AlfaPrint. Partly due to the credibility that we had built up with customers like Microsoft, Corporate Express and Warner Bross, we can devote virtually all the capital injection to our international expansion and local presence. We found a perfect fit with the strategy of ARKAFUND, and specifically within the overall objectives of ARKimedes funds that the Flemish Government created."
Thierry Geerts, Arkafund : "Arkafund invests in growing media and ICT companies. At Adam Software, we found a strong team with an exceptional vision of the future, who have ensured that ADAM Software is now a global player in an expanding market. ADAM Software has developed an amazing software platform that can create order out of the jumble of information, thus offering a solution to one of the most pressing problems that business has to contend with today. With this capital increase, we are giving ADAM Software the means to achieve its international ambitions."
Arkafund was set up as a Venture Capital fund by Dexia and Corelio. By using the ARKimedes fund, the fund size was doubled.
Contact : Kris Van der Beken
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