Highland injects €25m into Camunda

The company will invest in marketing activity, product development and international expansion across Europe, Asia and the US.

According to a statement, the company's revenues have more than doubled over the course of the last 12 months, fueled in part by companies undertaking digital transformation.

Highland is currently investing from Highland Europe Technology Growth III, which closed on €463m in June 2018.

Company
Founded in 2008, Berlin-headquartered Camunda develops open-source workflow automation software. Its clients include Allianz, Universal Music Company, Zalando, Axa Insurance, T-Mobile and ING-DiBa.

People
Highland Europe – Sam Brooks (partner).
Camunda – Jakob Freund (co-founder, CEO).

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• Topics
• Expansion
• DACH
• Technology
• Germany
• Highland Capital Partners
• Venture