Standout invests in Miradore
Stockholm-based VC firm Standout Capital has invested in Finnish device management and security software company Miradore.
With the fresh capital, Miradore will increase investments to foster organic growth outside of its native Finland, as well as pursue acquisition opportunities.
The investment was made via Standout Capital's debut fund, Standout Capital I, which held a final close on SEK 1bn in December 2016. It typically invests SEK 50-150m in Nordic companies with established businesses, usually with revenues of SEK 50-250m, according to Unquote Data.
Company
Founded in 2006 and headquartered in Lappeenranta, Finland, Miradore provides software to keep corporate devices (laptops, mobiles, tablets) secure. Its products are used by 10,000 companies in 160 countries.
People
Standout Capital – Erik Wästlund (partner).
Miradore – Simo Salmensuu (CEO).
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