Clavister draws another EUR 5 million of EUR 20 million EIB loan

Wednesday 7 November 2018 | 13:10 CET | News
Cybersecurity services provider Clavister said that it has drawn its second tranche of funding from the European Investment Bank (EIB) under the finance contract signed on 18 December 2017. The sum drawn amounts to EUR 5 million of the EUR 20 million loan facility. The extra funding will support continued growth towards profitability, in line with Clavister's business plan.  The group's total cash balance now amounts to SEK 94 million.The remaining third tranche amounts up to EUR 5 million.

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Categories: Internet / IT
Companies: Clavister / European Investment Bank
Countries: Sweden
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