Iris Capital and Siparex Proximité Innovation have invested €2.2m in French software developer Vision 360 Degrés (V3D).
The fresh funding will allow the business to develop its product line and to expand internationally. Iris is currently investing from the OP Ventures family of funds, sponsored by French corporates Orange...
Noble is currently CEO of CDC, and is a former partner at Schroder Ventures (now Permira)
Sale of utility service provider follows an eight-year holding period
New fund is almost double the size of Montefiore III, closed on €240m in 2013
Acquisition will bring IPC's revenues to €200m, up from €170m in 2013