Fledgling Danish software company Ebisu Networks raises fresh capital  

2007.04.13
Via Venture Partners has invested an undisclosed sum in fledgling Danish software company Ebisu Networks, which has developed a new product
The Nordic venture fund Via Venture Partners has invested an undisclosed sum in fledgling Danish software company Ebisu Networks, and gained a 20% share of ownership. The money will be spent on boosting Ebisu Networks' international growth and helping increase its revenues. John Helmsøe-Zinck, managing partner of Via Venture Partners says: "Ebisu Networks is a company with very strong products. We are delighted to help support the company's ambitious growth plans."
 
Casper Larsen, managing director of Ebisu Networks comments: "We will use the financial resources from Via Venture Partners to broaden our distribution channels and open the international markets." Larsen expects that the company's growth will require further capital in the near future.
 
"We have also been lucky to get Kim Frimer [former director of TDC, Denmark's largest supplier of telecommunications - Ed] as our new chairman of the board. Kim Frimer will be setting the framework for a rapid expansion of our organisation on all levels", says Casper Larsen.
 
Ebisu Networks develops software solutions for the broadband industry. The firm's most recent product is a solution that enables broadband suppliers to log all internet traffic, i.e. real time storage of giant quantities of data, which will be required when a new EU anti-terror law comes into force later this year. Ebisu Networks' customers include large international broadband suppliers as well as small local network operators. The news was reported by financial daily newspaper Børsen and on Via Venture Partners' website.
 
Link > Ebisu Networks  

Next step

Explore business cases

Please contact me

Name
Company
E-mail
Phone
How can we help you?

IDK
We use cookies to make the website perform optimally. You accept cookies by closing the box or continuing to use the website. Click here to read more about cookies. ×