SWITZERLAND - New Value-backed Silentsoft in CHF 2m capital increase

Following the transaction, New Value holds a 23.3% stake of Silentsoft SA. The investor has previously invested CHF 2.2m in the company, while Zug and other existing shareholders have committed CHF 1 million in previous funding rounds.

Based in Morges, Silentsoft acts as a service and system integrator for machine to machine (M2M) networks in the building management and bulk product sectors. Its core business is the data management of remote devices installed in tanks and other bulk containers. Sensors measure tank levels and transmit the collected data periodically via the mobile network. After consolidating the data, the clients can access, analyse and further process the information.

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• Topics
• Expansion
• DACH