FOEX secures six-digit investment

Funding Rounds

▤ Summary

The money will be spent on growing the developer team, hiring new salespeople and establishing the FOEX Plugin Framework as a standard for web-development. Raganitsch and his team founded the business in 2012 and focused on developing Oracle software.The company’s customers include banking institutions as well as international and public organisations in over 13 countries. FOEX is based in Vienna and the core of the team consists of long time developer and CEO Peter Raganitsch, CTO Matt Nolan, who has experience with Oracle from working with companies in the US, UK, Europe and Australia and Content and Marketing Manager Jan Karremans. Doris Agneter, CEO of tecnet equity, considers FOEX an innovative project and sees a bright future for the team. Tecnet equity finances projects in the high-tech sector and aims to establish Lower Austria as a hotspot for innovative businesses.

$ Funding

$
Amount $567.1K Total raised
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Date May 6, 2015 Announcement date
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Investors Accent, tecnet equity Lead investors
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Company http://www.tryfoexnow.com Funded company

▥ Classifications

industries
Entertainment
applications
Customer Service & Support

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▦ Linked Companies

Oracle Corporation
$1M to $5M