Scytl closes a 7.5M round of VC financing led by Balderton Capital

Jul 14, 2010

Scytl has recently closed a €7.5 million funding round led by Balderton Capital, one of the largest and most successful venture capital funds worldwide which manages $1.9 billion in committed venture capital, invested across over 90 companies in the US, Europe and Asia.   Nauta Capital, one of Scytl’s existing VC investors, has also participated in this round.  This new funding will be used to accelerate the company’s international expansion plans in order to consolidate Scytl’s leading position in the electoral modernization market.  After this new round, Scytl will have a very solid shareholder base with three leading VC funds: Balderton Capital, Nauta Capital and Spinnaker Invest.

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