Scytl Raises $20M from SAP Ventures

scytl sap venturesScytl, a Barcelona, Spain-based provider of online voting and election modernization solution, raised an additional $20m in funding.

SAP Ventures made the investment.

The company intends to use the funds to increase its R&D efforts and strategic growth.

Founded in 2001 and led by Pere Valles, CEO, Scytl provides software and internet based solutions that cover every process within an election, from election planning and voter registration to online voting and election night reporting, allowing governments to improve the efficiency of their elections.
The company’s solutions have been used in 36 countries throughout the world including Canada, the United States, Mexico, Ecuador, France, Norway, Switzerland, Bosnia-Herzegovina, the UAE, India, Iceland and Australia. It has strategic offices the United States, Canada, Brazil, Peru and Greece as well as field offices in the UK, Ukraine, Malaysia, India and Australia.

Scytl’s existing shareholder base includes Vulcan Capital, Balderton Capital, Nauta Capital and Spinnaker Invest.

FinSMEs

09/07/2014

Join the discussion