Yeah, I say "some" money because I don't know what kind it is. I mean ... 'They're saying 5M€, boss ... whatever that is.' It might be some sort of Finnish money, Voice. I'm really not sure. There's definitely a euro in there, but what does the M stand for? 'Finland?' How?! How would it do that? / Well, dear reader(s), this is the Tuesday morning PR email, back by ... uh, popular demand. I may have to use more of these things in the run-up to Christmas because journalists like to go on strike at this time of year. PR people may be more reliable anyway. 'Boss, I think journalists just rewrite the PR emails, so ... you're basically a journalist yourself.' Ha! Oh, give me a break! For fuck's sake! I've got enough problems.
So, what have we got?
This marks the second investment round for Vaadin this year. The capital will be used to further boost its investments into product development and marketing.
'Nice one.'
Verdane Capital IX invests over 5M€ in Vaadin, the company behind the popular open source web application development tools. The investment is made partly by buying secondary shares from another shareholder and party as a directed new issue. "We are very pleased to team up with Verdane and further strengthen our position in the growing US and European markets," says CEO Joonas Lehtinen. He adds, "Vaadin is known for its tools that simplify the development of business grade web apps and with the new investment we are able to expand the tools to new and even larger markets."
Okay. I just wish we knew how much money was involved. We can't all be Finnish, you know. 'Are you sure they're Finnish firms though?' Well ... I don't know. I've only just had my morning coffee, man. The readers will have to cut me some slack. 'As always.' Yeah.
Verdane is a Nordic private equity manager focusing on investments in technology enabled growth companies. Verdane raised its latest fund, Verdane Capital IX, this summer with an investment of SEK 3 billion. Prior to its investment in Vaadin, Verdane private equity funds have invested in other prominent Finnish companies such as Codenomicon, CRF Health and Eniram.
Uh, Nordic. Nordic. What's that? 'I dunno. Norway?' Christ! This is so confusing. They're talking about SEK now! 'Unbelievable!' / Should we continue with this? 'Let's just get it done, boss. It will all be over soon, then you can play your guitar.'
Earlier investors in Vaadin include Aboa Venture Management, the Nordic private equity company eEquity, and Finnish Industry Investment Ltd (Suomen Teollisuussijoitus). The company intends to continue growing at a rapid pace and adding to its one hundred and thirty person strong team based in Finland, Germany, and Silicon Valley.
Uh, Finland is mixed up in it somewhere. This whole post has been a disaster. 'Do you want to start again?' Ha! / Oh, what's this now?!?!
Finnish Industry Investment Ltd (FII) is a venture capital and private equity company that accelerates companies' success stories by investing in them directly and via funds. FII always invests together with other investors, providing them with access to high quality deal flow in Finland. We have 1 billion euros in assets under management and altogether 660 companies in portfolio.
How are they involved? 'It's the first mention of them!' Er, maybe. But I'm not going back to read it all. / Ah, that's enough! Life really is too short.
...
Anything else? You want more? Glutton for punishment, eh? Well, come back tomorrow, weirdo(es)!
So, what have we got?
This marks the second investment round for Vaadin this year. The capital will be used to further boost its investments into product development and marketing.
'Nice one.'
Verdane Capital IX invests over 5M€ in Vaadin, the company behind the popular open source web application development tools. The investment is made partly by buying secondary shares from another shareholder and party as a directed new issue. "We are very pleased to team up with Verdane and further strengthen our position in the growing US and European markets," says CEO Joonas Lehtinen. He adds, "Vaadin is known for its tools that simplify the development of business grade web apps and with the new investment we are able to expand the tools to new and even larger markets."
Okay. I just wish we knew how much money was involved. We can't all be Finnish, you know. 'Are you sure they're Finnish firms though?' Well ... I don't know. I've only just had my morning coffee, man. The readers will have to cut me some slack. 'As always.' Yeah.
Verdane is a Nordic private equity manager focusing on investments in technology enabled growth companies. Verdane raised its latest fund, Verdane Capital IX, this summer with an investment of SEK 3 billion. Prior to its investment in Vaadin, Verdane private equity funds have invested in other prominent Finnish companies such as Codenomicon, CRF Health and Eniram.
Uh, Nordic. Nordic. What's that? 'I dunno. Norway?' Christ! This is so confusing. They're talking about SEK now! 'Unbelievable!' / Should we continue with this? 'Let's just get it done, boss. It will all be over soon, then you can play your guitar.'
Earlier investors in Vaadin include Aboa Venture Management, the Nordic private equity company eEquity, and Finnish Industry Investment Ltd (Suomen Teollisuussijoitus). The company intends to continue growing at a rapid pace and adding to its one hundred and thirty person strong team based in Finland, Germany, and Silicon Valley.
Uh, Finland is mixed up in it somewhere. This whole post has been a disaster. 'Do you want to start again?' Ha! / Oh, what's this now?!?!
Finnish Industry Investment Ltd (FII) is a venture capital and private equity company that accelerates companies' success stories by investing in them directly and via funds. FII always invests together with other investors, providing them with access to high quality deal flow in Finland. We have 1 billion euros in assets under management and altogether 660 companies in portfolio.
How are they involved? 'It's the first mention of them!' Er, maybe. But I'm not going back to read it all. / Ah, that's enough! Life really is too short.
...
Anything else? You want more? Glutton for punishment, eh? Well, come back tomorrow, weirdo(es)!
