DENMARK - Sunstone and Creandum lead $10m investment in IPtronics

Contributing to the round was also existing investor 10IPT10 and the management.

The business was founded in 2003 by the management, entrepreneurs and technical staff behind GIGA A/S that was sold to Inter Corporation in 2000 for $1.25bn. It is based in Roskilde, but has also a sales office in Paolo Alto and employs 15 people.

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• Expansion
• Nordics