High-Tech Gründerfonds leads round for German software provider
High-Tech Gründerfonds, Bayern Kaptial and Gebrüder Mende GmbH have invested <€1m in German software provider FTAPI Software GmbH.
The new capital will be used to push the company's growth and market presence.
Company
FTAPI Software is a Munich-based provider of encrypting software for the transfer of sensitive documents. Its prime product is server software FTAPI SecuTransfer. The company is planning on offering software-as-a-service in the near future.
FTAPI Software was founded in 2010. It has previously received funding from the STrascheg Center for Entrepreneurship (SCE) at the University of Applied Sciences Munich.
People
Stephan Niedermeier is chairman and CTO of FTAPI. Marco Göbel is CEO.
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