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September 11, 2007
Capman Invests €8M in Maxwell's eHealth -Growth Deal

(image source: maxwell oy)
Finland-based Maxwell Oy has raised €8M in growth capital from Capman. The six year old company provides business intelligence software, as well as the tech to enable patients to do more 'self-care' and hospitals to manage their digital images and clinical data. [via Tornado Insider]
It sells through partners like GE Healthcare. Maxwell employs 120 and expects €10M in sales this year.
And one last thing, we note that Maxwell is yet another venture that has tapped EU funding for R&D. If this keeps up we're going to have to change our very-long-held opinion on the small impact that the European Commission's funding for research has on the startup economy. It looks like a few participants are making the transition now from filing research project applications to writing (and winning) RFPs.
View Maxwell
Posted on September 11, 2007 07:38 PM | Posted to News And Updates | Specialized Software | Permalink
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