'The critics may not agree with it, but the capital market world we live in today is non-negotiable', Javier Echarri said in an interview with unquote" , in which he responded strongly to recent criticism of private equity from trade workers unions, elements of the press and the political class. In a wide-ranging interview (see EVCA 2006 figures story) he affirmed his support for new French President Nicolas Sarkozy, talked about the necessity for a rational response to the tax debate and suggested there was much capacity for further growth of the industry.
Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital also take part
Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019
Fresh capital will help the provider of cloud access services expand in western Europe
DBay has also negotiated a new revolving credit facility for the transport and logistics company