Milestone Systems Receives US$27 Million in Growth Stage Investment From Index Ventures

COPENHAGEN , July 10 /PRNewswire/ -- - Milestone Systems, a Leading Global Manufacturer of IP Video Surveillance Software, Takes First External Investment From Leading European Venture Capital Firm. Milestone Systems, a global...


Index Ventures Growth I L.P. is a EUR400 million fund and is the first of its kind raised by a European venture capital firm. It was formed to address the market opportunity created by the maturation of Europe's start-up industry and complements the firm's venture capital fund, Index Ventures IV L.P., which will continue to focus primarily on seed and early-stage investments. Index Ventures Growth I makes investments of between EUR20 million and EUR50 million, primarily in European-based companies. For more information, please visit http://www.indexventures.com.

For more information contact:

Lars Thinggaard, President & CEO, Milestone Systems at +45-88-300-300.

SOURCE Milestone Systems A/S