EntropySoft Closes $3.5M Funding Round
EntropySoft, the content connection company, announced that it has closed a US$3.5 million funding round. The company plans to use the money to further boost its technological expertise, grow its sales team and increase its US presence.
This first round of financing was led by Alven Capital and will fuel the next stage of EntropySoft's growth in the content connection market. EntropySoft was previously privately owned.
The company, founded in 2005, plans to use the money to further boost its technological expertise, grow its sales team and increase its US presence.
CEO Nicolas Maquaire said: “EntropySoft’
Guillaume Aubin, Managing Partner at Alven Capital explains: « EntropySoft have a strong presence in a fast-growing market, with a technologically superior product offer. The company has proven that it has the vision and the execution track record to be a leader in their markets. This infusion of capital will position the company for an explosive year."
EntropySoft offers to software vendors and large corporations products to increase content management systems interoperability and manage easily document transfers. Large software companies such as EMC Documentum, Symantec or Endeca already signed OEM agreements to use EntropySoft technology. Saint-Gobain, the world leader in the habitat and construction markets, or Total, one of the biggest energy groups in the world, have selected the innovative EntropySoft products for some of their critical operations.
EntropySoft enables the real-time content synchronization of different content silos, such as SharePoint and IBM FileNet. There are many use cases for this technology inside the corporation itself and also to connect company repositories in the cloud and in-house. Real time content synchronization also changes the face of collaboration, directly between partners or for companies sharing documents in the cloud.
Content Hub is using EntropySoft’
In March, EntropySoft unveiled a major new version of its Content Hub and added new features for synchronization, content transfers and automatic mapping of permissions, users and groups.
By increasing its technological lead, the company expects to continue signing OEM agreements and grow exponentially the number of direct customers in the coming 12 months.
- Financial Advisor: Aelios Finance (Veronique Roth, Pierre Dropsy)
- Legal Advisor for EntropySoft:
- Legal Advisor for Alven Capital: Gide Loyrette Nouel (Pierre Karpik, Emilie Leygonie)
- Financial Due Diligence Provider: Ernst & Young (Emmanuel Picard, Renaud Regner)
- Strategic Market Due Diligence: Pierre Audoin Consultants (Vincent Gelineau, Olivier Rafal)
About Alven Capital
Alven Capital is an independent venture capital firm that invests in high-potential technology, services and media companies. With over $210 million under management, Alven Capital has already invested in more than 40 companies in Europe including Aquarelle, Liligo, Wanimo, Splendia, MonShowroom.com, MyFab.com, SeLoger.com, Webhelp, Newsweb, Companeo, Metaboli, Prowebce and Qosmos.
For more information, visit www.alvencapital.com
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EntropySoft is a specialist of content connectivity. EntropySoft’
EntropySoft technology is used by software vendors and large companies to simplify integration of their products with Enterprise Content Management solutions and cloud repositories. Application fields are numerous: Enterprise Search, BPM, e-discovery, Records Management, Collaboration, Data Loss Prevention, etc...
The following leading global organizations chose EntropySoft products: Alfresco, EMC Documentum, Endeca, IDS Scheer and Symantec.
For more information, visit www.entropysoft.net