The Zurich-based Skribble, a specialist for electronic signatures, has completed a round of funding with an investment volume of EUR 10 million. The round is led by Acton Capital Partners from Munich, an international venture capital company that focuses on digital business models and sees strong revenue growth in Europe and North America. The Swiss fund VI Partners, from Altendorf, is on board as co-lead.
The new investment will go towards the provider’s geographical expansion, growing the office in Karlsruhe and the German team. In addition, Skribble wants to advance into more European markets. The capital will also be used to advance product development and expand its clear positioning as an easy-to-use signature service with a top-of-the-range user experience.
Walder Wyss has advised Acton and VI Partners on this financing round. The team included Robert von Rosen (partner, corporate/m&a and venture capital, pictured), Michelle Bruni (senior associate, corporate/m&a and tax), Bojan Momic (associate, corporate and employment), Hannes Meyle (associate, IP/IT) and Simon Olstein (associate, corporate/m&a).