SDNsquare raises €1.5m

The capital injection will be used by SDNsquare to fund international expansion. The company will also finance the deployment of its "the grid" product to market.

Merapar is an investment and advisory firm based in Eindhoven, the Netherlands, with further offices in London, Brussels, Berlin and San Jose in the US. The firm makes investments in technology, media and telecoms companies.

Merapar was established in 2013. Its fund, Merapar TMT Fund I, was launched in the spring last year and is still open to investors, according to the firm's website.

Company
Ghent-headquartered SDNsquare is a provider of software-defined networking (SDN) solutions. SDN is a controller software-based approach to designing, building and managing networks, rather than the more traditional hardware-based method. The controller software requires less hardware due to virtualisation of the network, meaning network administrators can control the network via the software.

SDNsquare uses its SDN technology to manage the reliability and performance issues of bulk data for the media industry. Its "the grid" product is designed to optimise the use of network capacity.

The company was founded in 2010 and formerly named Candit-Media.

People
Lieven Vermaele is the founder and CEO of SDNsquare. Harry Koiter is a partner at Merapar.

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• Topics
• Expansion
• Benelux
• Technology
• Belgium