Heerenveen based investor Newion Investments invested 1.25 million euro in Belgian startup Nallian, an online cloud-based business collaboration platform.
Newion Investments was founded in 2000 and since then has proven to be one of the most successful investment companies in its sector. Some companies in its portfolio include data management solution Collibra, real estate software developer Reasult and media company 24iMedia. The investment in Nallian comes from Newion Investments’ third fund, with a total value of 50 million euro. The fund focuses on business technology and software companies in the The Netherlands, Belgium and Luxembourg.
Nallian will use the current 1.25 million euro investment to finance future growth of the company, to expand the product with new tools and features, as well as for investments in sales and marketing. Frank Claassen, Partner of Newion joins Nallian’s Board of Directors.
Claassen: “The ‘hunger’ for data coming out grows continuously. These data enables companies to anticipate and adjust to communicate more efficiently and less error prone. The strong market and a highly experienced team and product gives us confidence in Nallian. We are pleased to welcome Nallian in our portfolio”.
Belgium based startup Nallian offers an online business collaboration platform which connects business partners in the cloud to enable real-time data sharing and facilitate interactive collaboration. Integrated with social media, it provides its users with private data clouds for trusted contacts and several ways to manage data and automate corporate processes.
Up to twenty companies join Nallian’s business collaboration platform each week. In 2014, Nallian was selected as one of the top 25 European startups at the European Venture Summit. Just one month ago, in March 2015, Nallian received 185.000 euro from Belgian investment fund IWT.
Photo by Pieter van Marion (creative commons via Flickr)