Newion exits Mirror42

Newion originally invested in Mirror42 in December 2007 via its Private Plus Fund. The firm invested alongside Solid Ventures and acquired a minority stake in the business, according to unquote" data. The two GPs reportedly injected $1.2m into the company at the time.

Company
Mirror42 was founded in 2004 and is headquartered in Amsterdam. The company provides cloud-based IT and business intelligence platforms designed for performance management. Its software-as-a-service product, a key performance indicator (KPI) dashboard, delivers analytics to the cloud to measure and improve KPIs.

People
Karel van der Poel is the CEO of Mirror42. Greetje van Ek, an investment manager at Newion, led the original deal for the firm.

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• Exits
• Benelux
• Technology
• Trade sale
• Netherlands