Part of the funding was used for acquisition of existing shares. Several prominent existing investors, such as Andreas Kemi, early investor in LogMeIn and Co-founder of Scala Business Solutions and Márton Anka, Founder of LogMeIn, also participated in the round. PortfoLion, a Central European venture capital and private equity fund management firm with flagship investments such as Codecool and Starschema contributed substantially to the funding. 3TS has a long track record of investing in global software businesses originating from Europe, including Piano Inc., SALESmanago, 123FormBuilder, LogMeIn (NASDAQ: LOGM), SolveDirect (acquired by Cisco) and Avangate (acquired by Francisco Partners). Tresorit, the Cloud Encryption and Collaboration company, which provides end-to-end encrypted file sync & sharing for businesses, announced today that it has closed an €11.5M Series B financing from a consortium led by 3TS Capital Partners, a leading European growth capital investor. September 4, 2018, Zurich, Switzerland – Budapest, Hungary
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