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Nauta acquires equity stake in technology company Kinamik Barcelona, February 11th, 2008 – Kinamik Data Integrity (Kinamik) and Nauta Capital (Nauta) have announced today that Nauta, through its venture capital entity Nauta Tech Invest II, has acquired an equity stake in this Barcelona-based technology company in a transaction valued at 1.3 million Euros. This transaction has been structured through a capital increase in Kinamik, subscribed by Nauta, and the acquisition by Nauta of shares of certain minority shareholders. After the transaction, Nauta becomes Kinamik’s main shareholder. This transaction with Nauta will allow Kinamik to consolidate its leadership position in the information assurance market and accelerate the development of its core technology in new environments and target industries for it. The financial resources obtained in this transaction will be primarily used to achieve tier one client references in e-government, e-health, e-banking and hosting sectors, both in Europe and the US. Nauta’s experience with technology companies with an international focus similar to Kinamik will be of great help to execute these expansion plans. Christophe Primault, CEO of Kinamik, commented on the announcement: “It is of utmost importance for a technology start-up with global ambitions to raise capital from top tier VC that has an international presence. We found this opportunity with Nauta and are looking forward to developing our business with their active support”. Kinamik was nominated for the prestigious ICT European Technology Prize 2007 and selected finalist for the Red Herring 100, in 2007 as well. About Kinamik Kinamik is the first company to offer enterprise level tamper-proof audit trails to demonstrate integrity and authenticity of digital information. Kinamik’s mission is to bring a higher level of trust, accountability and privacy protection to industries that deal with large volumes of sensitive information. Main industries targeted by Kinamik are e-banking, e-government, e-health and hosting. More information about Kinamik can be found at www.kinamik.com About Nauta Capital
Nauta Capital manages two Venture Capital entities, Nauta Tech Invest I, and Nauta Tech Invest II, with a total volume of €65 million. Nauta has offices in Barcelona and Boston and invests between €0.5M and €5M in companies in the Technology and Telecommunications sectors. Nauta’s target companies for investment are in their very early stage of development (Seed Capital) and until more advanced stages of development (series A and series B financing rounds). Nauta actively invests in Western Europe and the US. Its current portfolio is composed of 11 portfolio companies, 4 of which are based in the US, 1 in the UK and 6 in Spain.
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