
Balderton and Nauta Capital fund series B round for Scytl
Scytl, the Barcelona-based world leader in internet voting technology, has received a $9.2m investment in a deal led by Balderton Capital.
Nauta Capital, which had originally backed the business in late 2007, made a small additional commitment (around €400,000) as part of the transaction, bringing its total commitment to the company to some €3m. The new funding will enable Scytl to consolidate its world-leading position in the electronic voting market and support further expansion, principally in the US.
Scytl specialises in the development of secure electronic voting and electoral modernization solutions for both public and private sectors. With offices in Barcelona, Washington DC, Singapore and Athens, the company's products have been used by governments in the Americas, Europe and Asia.
Balderton's Bernard Liautaud, the former founder and CEO of Business Objects, joins Scytl's board.
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