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Press Releases from abaXX Technology AG (1 total)

BayTech Venture Capital Invests in Financial Services Firm abaXX

Munich, March 9, 2006 -- BayTech Venture Capital, the German early-stage venture capital firm, has led a €3.8 million funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions. Baytech joins previous investors EarlyBird Venture Capital and 3i plc in funding abaXX’s expansion. The company will use the funds to grow its sales and marketing efforts and fund expansion outside Germany,