m8 Capital invests in SCHAD
Venture Capital firm m8 Capital has led a $4.2m round for German mobile technology company SCHAD.
Seed and start-up investor High-Tech Gründerfonds also participated in this round. The fresh capital will be used to broaden the product line and global expansion.
SCHAD has developed the system "Extend 7000", which provides mobile access for engineering staff in order to access, monitor and manage their plants, systems and facilities from their mobile phones and other mobile devices such as an iPad and tablet PCs.
If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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