Capricorn venture partners leads $3.3 million equity Finance round of NGDATA™

Company Adds New Board Members to Execute on Strategic Vision and Fuel Global Expansion

LEUVEN - 24 September 2013 – Capricorn Venture Partners investing from its ICT ARKIV NV has led a $3.3 million equity finance round in NGDATA™, the customer intelligence management solutions company. Existing investors including Sniper Investments, and angel investors also participated. This financing will allow NGDATA to strengthen its Big Data market share and fuel global expansion. As part of the deal, NGDATA announced the addition of three new board members and three members of the NGDATA Advisory Board to help guide the company’s strategy to further growth. 

Over the past 12 months, NGDATA has expanded its global presence, opened multiple offices throughout the United States, and executed a number of strategic partnerships with companies such as Clear2Pay and Cloudera.

The company gained significant traction in key industries such as financial services, telecom and media/publishing, and grew its customer base with leading global companies, including De Persgroep, France Telecom, KBC, Orange and Telenet. In addition to customer and partner activity,

NGDATA’s dedication to product innovation was the driving force behind the launches of Lily 2.0 and Lily 2.4, and the acquisition of ENQIO – a move that provided the company with an experienced team of data scientists.

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