DRACOON completes a successful round of financing

Millions for IT-security enterprise

Regensburg, 15thJanuary 2019– The DRACOON GmbH situated in Regensburg, is the German market leader in the field of FileSync & Share Solutions. And now it has successfully completed a structural financing round. The existing investor BayBG Bayrische Beteiligungsgesellschaft (associated company) and multiple new investors funded the future-oriented company with a high one-digit million.

In the last twelve months, DRACOON was able to extend its market share. The IT-security-company provides all components necessary for a GDPR-compliant data exchange. Thanks to clients-side encryption, companies using DRACOON profit from highest encryption standards. This means that nobody except the authorised users – not even the provider – has access to the company data. The repeatedly rewarded solution “Made in Germany” and “Hosted in Germany” is already being used by many companies around the world. DRACOON’s customers include KfW, Rossmann, Helios Kliniken, Rödl & Partner, Deutsche Telekom, Hutchison and Bechtle. Especially in times of impending hacker attacks, DRACOON offers a reliable protection for stored data.

In the course of the present transaction, DRACOON gained many more well-known partners. They include the active associated company FBC Partners AG from Switzerland, two Private Equity Investors, consulted by the Münchner Family-Office Perters, Schönberger & Partner (PSP), as well as the associated company Bernhard Wendeln. Moreover, the existing investor BayBG increased its investment commitment. During the transaction, DRACOON, the partners and new investors were advised by the Investment Banking Boutique Blue Tree Group from Munich, specialised on software. With the capital increase, the company now has further millions at its disposal for the expansion of its activities.

“We are very pleased about the successful financing round with our existing and new investors”, says Arved Graf von Stackelberg, one of the two managing directors of the IT-security provider. “With this capital increase we can continue with DRACOONs success and our ‘mission’ to rid the world of data misuse”, says Stackelberg.