Oddo PE injects ActivNetwork with €2.5m
Oddo Private Equity has led a €2.5m investment in ActivNetwork, a technology company, alongside Bouygues Telecom Initiative.
Aelios Finance acted as corporate financier for this first round of financing in a deal which took a year to complete.
ActivNetwork's main product is BoostEdge, a network appliance, which offers secure internet optimisation and acceleration technology. The plug in device reduces the number of data traffic and response time. The Paris-based company was founded in 2004.
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