An investment of USD 10 million for Ekahau Inc

03.06.2008

Ekahau, a portfolio company of venture capital investor Nexit Ventures Ltd, has received an investment of over EUR 10 million to meet the challenges of fast market growth. Nexit Ventures Ltd, Finnish Industry Investment Ltd, Sampo Group and a group of private investors participated in the financing round. In the company’s earlier financing rounds, Ekahau raised over EUR 18 million from investors and institutions that included, in addition to the current investors, the diversified multinational company 3M. Ekahau’s R&D has also been financed by the Finnish Funding Agency for Technology and Innovation Tekes.


Further information:

 

- Artturi Tarjanne, Partner, Nexit Ventures Ltd,
tel. +358 9 6818 910 and +358 400 692 992, artturi.tarjanne (at) nexitventures.com

 

- Antti Korhonen, President & CEO, Ekahau Inc,
tel. +358 400 397 979, antti.korhonen (at) ekahau.com

 

- Henri Grundstén, Director, Finnish Industry Investment Ltd,
tel. +358 50 431 0840, henri.grundsten (at) teollisuussijoitus.fi