Cunesoft GmbH, a Munich, Germany-based provider of cloud-based regulatory master data management solutions for the pharmaceutical industry, received an undisclosed seven-digit Series-A financing.
Backers included Occident Group, High-Tech-Gruenderfonds and Bayern Kapital.
The company will use the funds to further accelerate international growth, especially in the USA and Asia, with investments into technology, local sales activities, customer support and the international sales network.
The software-as-a-service (SaaS) company is already well positioned in many markets, with local offices in Germany, France and India. Further investments will allow the entrance into new and strategically important markets.
Led by Rainer Schwarz, founder and CEO, Cunesoft provides Software as a Service (SaaS)-based regulatory master data management software and services for all segments within the life sciences industry.
Solutions include management of eCTD, xEVMPD, IDMP data and document management as well as regulatory information management (RIM).
The company also has offices in France and India.