Optio, the leading provider of B2B SaaS equity compensation solutions announced the extension of its series A round with CCAP, a technology financial investor out of Germany. Earlier this year Optio completed its series A from leading Nordic investors Futurum Ventures, Skyfall and Bent Skisaker. With the extension Optio successfully raised in total NOK45 million in its series A and is fully funded.
The growth capital will support Optio to continue its impressive expansion strategy and to penetrate new markets including Germany, Switzerland, the Netherlands and southern Europe while setting up the organization for further international expansion, a statement said.
“We are very excited to share the next stage of our journey with CCAP, who bring a deep understanding of B2B SaaS, a wealth of financial and operational experience and a wide network to Optio. The partnership and the capital will support Optio in its expansion and allow to capitalize on the substantial market opportunity”, said Christoffer Herheim, co-founder and CEO of Optio.
Christopher Caesar of CCAP said, “We are excited to work with Christoffer, Mats, Knut and the Optio team who have created an outstanding business with an impressive track record of very high and profitable growth expanding from Norway into Sweden, Denmark and now the Rest of Europe. We look forward to leveraging our network and experience to support Optio’s strategy.”
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