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Ryte GmbH Paul-Heyse-Str. 27 80336 Munich, Germany http://www.ryte.com
Contact Mr Alexander Handcock
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Ryte GmbH

Ryte Announces €2 Million Bayern Kapital Investment and Closes Series A Financing at €8.5 million

Additional Bayern Kapital investment will enable Ryte to scale up both its team and product development in Munich and beyond to meet rapidly increasing demand for solutions that support website performance

(PresseBox) (Munich / London, )
Ryte, the Munich-based leading website quality management platform, today announced it has completed a second closing of its Series A financing, securing an additional €2 million growth capital from Bayern Kapital, the venture capital company of the Free State of Bavaria. Ryte’s initial Series A growth funding of €6.5 million led by Octopus Investments’ Development Capital team had been announced earlier this year. The additional investment now closes out Ryte’s Series A investment at €8.5 million.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.