Midaxo, a provider of mergers and acquisitions (M&A) software, raised $4m in funding.
The round was led by EOC Capital and Finnish Industry Investments (FII).
The company, which has raised approximately $7m in total funding to date, intends to use the capital to expedite product development and expand customer-facing activity across its offices in Amsterdam, Boston, Helsinki, and Riga.
Led by Ari Salonen, CEO, Midaxo provides cloud software for acquirers to simplify and digitize their M&A activity accessing to a systematic and collaborative process from target identification to due diligence and integration.
Today, the company supports almost one hundred customers in the United States and Europe. including ADT, Hewlett-Packard Enterprise, Hitachi Rail, Philips, and PTC.