British fund C5 Capital has invested $24m in Danish identity and access governance (IAG) and identity access management software (IAM) provider Omada, taking a minority stake in the company.
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round
Company in 2019 generated revenues of DKK 115m, the equivalent of €15.4m
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Indaco Venture and CDP Venture Capital also take part in the round, alongside previous backer Genextra