Open-Xchange Receives $20M Financing

Open-Xchange, a Nuremberg, Germany-based provider of an online communication, collaboration and office productivity software suite for the mobile-app economy, received a $20m financing.

Backers included United Internet Ventures, Hermann-Josef Lamberti and existing shareholders. In conjunction withe the funding, Dr. Oliver Mauss, CEO United Internet Ventures, will join the Open-Xchange supervisory board along with Hermann-Josef Lamberti.

The company intends to use the funds to grow through investments into software development, professional services and international business development, as well as in marketing and sales, and for a secondary transaction.

Founded in 2005 and led by Rafael Laguna, CEO, Open-Xchange develops, markets and sells web-based communication, collaboration and office productivity software, which enables integration of email, documents, scheduling and social media.
Built for the cloud, OX App Suite connects business and personal worlds, across devices and legacy systems. It is sold and delivered through cloud and hosting providers, telcos and local Internet services companies.
The company has offices in San Jose, CA, and Kuala Lumpur, Malaysia.



Join the discussion