Deal round up 19/06/02

Software firms benefit as Granville Baird backs Aim Technology, Prosight has third round led by Giza VC and Calendra closes further round too.

Granville Baird backs AIM

UK private equity firm Granville Baird Capital Partners has invested in the first round financing of UK software firm AIM Technology. The company, which develops business intelligence software, will use the proceeds of the fundraising to develop its enterprise software.

The fundraising totaled E5m and is the second investment this year from Granville, which in February acquired a stake in Alukon, Germany's leading shutter manufacturer, for E10m.

Giza VC leads Prosight funding

Giza Venture Capital has led the third round funding of Prosight, a portfolio management software developer based in the US and Israel. The firm has raised $8m, with added investment coming from BRM Capital, Prism Opportunity Fund and Sequoia Capital.

The latest funding round takes the firm’s total fundraising to $36.2m, including a $15m second round financing package led by Orama Partners. The firm will use the proceeds of the fundraising to develop its specialist management software.

Existing investors back Calendra

A group of private equity firms has repeated its invested in Paris-based software developer Calendra. The total amount raised for this fourth round of investment is E1.88m.

Calendra investors include 3i, SPEF and Ventech Natexis, which all participated in this latest round of investment. The funds will be used enable a further expansion of the firm’s operations as well as to solidify the firm’s market position.