Prime Technology Ventures has invested EUR 6.5m in eBuddy, a provider of web and mobile instant messaging, in second-round funding. In 2007, Lowland Capital Partners had provided a EUR 5m Series-A financing round to the company.
Shares have been sold to institutional investors for €15.8 a share
Add-on is the first since LDC and Ares provided financing of £100m to the telecoms company in 2019
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
Fresh capital will go towards increasing delivery speed and geographic footprint