Industry News

Apica raised $12.7M in new funding

Nordic 9 reports on Renovata client, Apica Systems’ latest raise. Apica, the Stockholm based network performance monitoring and testing business specialising in critical digital systems, has announced $12.7M in new funding from a Series D round.

In a vote of confidence, the cash injection comes from existing investors Industrifonden, SEB Venture Capital, Oxx and KTH Chalmers Capital, all Stockholm based. It takes Apica’s total funding to $38.55M in seven rounds since 2007.

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