
i4g and tecnet back VisoCon
Austrian private equity firm i4g and tecnet equity have invested in a seven-figure financing round for Graz-based technology company VisoCon GmbH.
In addition to the backing from i4g and regional investor tecnet, VisoCon also received funding from two business angels.
The company will use the capital to accelerate the expansion of its worldwide sales network and develop its open web-based video conferencing solutions. It will particularly focus on delivering better transmission quality, integration capability and usability.
i4g is a Vienna-based private equity firm that manages capital for family offices and private foundations. The GP mainly invests in technology companies. Meanwhile, tecnet is Lower Austria's regional technology investment fund, and also provides support for patent and technology exploitation.
Company
VisoCon was founded in Graz in 2010. The company provides a cloud-based video conferencing solution that can be used by up to 400 people at a time while supporting a simultaneous web broadcast.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater