Codeoscopic S.A., a Madrid, Barcelona and Zaragoze, Spain-based developer and provider of RIA (Rich Internet Applications) for insurance companies, recently received €1.5m in funding.
Investors include Inverady (which committed €300k) and the management team. Other funding providers include CDTI and Enisa.
Codeoscopic intends to use the funds to continue to expand the reach of its Enterprise Resource Planning system (Direct Writer) and insurance aggregator (Avant).
Following the transaction, the team of the company, led by CEO Carlos Muiño, will continue to own the majority stake of the company and conduct operations.