SPAIN - Debaeque invests EUR 2.75m into Apesoft
Venture capital house Debaeque has invested close to three million into software firm Apesoft.
Established in Barcelona in 1994, Apesoft provides business intelligence software solutions to organisations of all sizes. Apesoft reported annual sales of EUR 1.7m in 2008, with EBITDA of EUR 150,000. For 2009 the company is forecasting almost two thirds growth due to international expansion, which should also create over 100 new jobs in the next 12 months.
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