
Alven Capital injects €2.5m in Entropysoft
Alven Capital has provided French software company Entropysoft with €2.5m of growth capital funding.
Alven was attracted by the company's innovative products, the experience of its management team and the growth prospects of its market. The fresh funds will notably finance further recruitments as well as research and development efforts.
Founded in 2005, Paris-based Entropysoft designs connectivity and content transfers software solutions. Its products enable large companies to increase content interoperability and facilitate content transfers. More than 85% of Entropysoft's turnover is generated in the US.
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