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November 30, 2007

Iris Capital Gives Oodrive Money To Grow SaaS Biz

Oodrive Technologies, a seven year old French venture specialized in remote backup, online file sharing and collaboration solutions, has raised €4M from Iris Capital [via]

Already way past breakeven, Oodrive Technologies, which is running on the SaaS model, has partnerships with France Telecom, Completel and FNAC. It's looking at acquisitions, such as the one it did last year when it bought Mayetic. It does about €4M in sales annually.

Posted on November 30, 2007 07:28 AM | Posted to News And Updates | Permalink

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