Eight Roads Ventures has sold its stake in German online games developer InnoGames in a deal valuing the company at €260m.
The acquirer, Swedish media group MTG, bought a 35% stake in the business, with an option to increase its stake to 51%. The 35% stake is being acquired in two tranches: 21% in Q4 2016 and 14% in Q1 2017....
Round was led by Accel
360 Capital joined Robert Bosch Venture Capital and others in the round led by Intel Capital
Data analytics software developer will use the funding to invest in product development
With the management also selling its minority stake, Altran becomes the sole owner