Auriga and Omnes inject €7m into Eptica

This is Eptica's fourth round of funding. The company first raised €500,000 of seed funding in 2002. Omnes then provided the business with a €2m investment in 2003. In 2005, XAnge Private Equity led another €2m round for Eptica. XAnge sold its stake in the business to Auriga in this latest funding round.

Eptica will now use the fresh funds to step up its R&D investments, pursue its growth strategy in France and expand internationally.

Company
Founded in 2001 as a spin-off from EADS, Paris-based Eptica develops software-as-a-service (SaaS) solutions for customer relations management (CRM) used by around 370 businesses worldwide. The company employs 47 staff and posted a €6.3m turnover in 2011.

People
Nicolas Tcherdakoff led the deal for Auriga. Christian Claussen represented Omnes.

Advisers
Equity – Pinot de Villechenon (Legal).
Company – Alpha Capital (Corporate finance); SB Avocats (Legal).

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