UNQUOTE

FRANCE – I-Source and OTC inject Rhapso with EUR 3.5m

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I-Source Gestion and OTC Asset Management have invested EUR 3.5m in Rhapso in a second round of financing. The investment comes two years after I-Source’s initial investment of EUR 600,000.

Rhapso was founded in 2000 by Gaël Thomaré and is situated in Palaiseau. The company specialises in software solutions dedicated to the packaging industry. Rhapso's principal product is its own software EmaPack, a full web business solution. The investment will be used to continue the company’s growth both at home and abroad. The company has a 26-strong workforce.
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