KTH Chalmers backs Euroling with SEK 7m
KTH Chalmers Capital has invested SEK 7m in Swedish internet company Euroling.
The investment is seen by KTH Chalmers as a first step to support Euroling's local and international growth. It will take part in forming the company's future strategy and intends to follow up with more investments in the future.
Company
Euroling provides search engine solutions to websites and intranets. As well as its main product, search engine SiteSeeker, the company provides analytics, consulting, and education. Founded in 2000, it currently employs 25 staff and serves around 250 customers.
People
Jakob Svärdström worked on the deal for KTH Chalmers. Johan Carlberger is the CEO of Euroling.
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