Deal round-up 07/03/02

Net-Partners leads E10m Ipanema financing; ProVen and Matrix back Espotting Media funding round

 Net-Partners leads E10m Ipanema financing

Net-Partners has concluded a E10m financing round for Ipanema Technologies, a French IP systems provider.

The second round financing includes Dresdner Kleinwort Wasserstein (DrKW), which invests for the first time alongside 3i, T-Venture and Vertex, a high technology fund based in Singapore who participated in the first round of financing in August 2000. 

The new funding will facilitate Ipanema Technologies international development and growth as well as consolidating its strategic position in the market of dedicated solutions for operators and enterprises.

ProVen and Matrix back Espotting Media funding round

Espotting Media (www.espotting.com), a UK performance-based advertising medium, today announced that it has secured funding from ProVen Private Equity, Matrix Private Equity and a number of private investors.

Details of the amount raised have not been disclosed, although Espotting confirmed that the funding will be used to consolidate Espotting's UK position and to further its expansion with a view to rolling the Espotting format out across eight countries within 12 months.