Osborne Clarke has advised Highland Europe on its EUR 25 million investment in Camunda Services GmbH (Camunda). The capital raised will be used for further expansion in the United States, Europe and Asia as well as for product development.
Camunda was founded in 2008 and offers companies from various industries individual open source software for the automation of business processes. Customers include, amongst others, Universal Music, Deutsche Bahn, Goldman Sachs, Lufthansa Technik, Deutsche Telekom and Zalando.
Highland Europe is an investor in expansion-stage internet, mobile and software companies demonstrating rapid growth and addressing large market opportunities.
An Osborne Clarke team led by Corporate and Venture Capital Partner Nicolas Gabrysch advised Highland Europe on the investment. The team also included Till-Manuel Saur, Dr Sophie Hoffmann (both Corporate/VC), Enno Dreier (Corporate/ M&A), Thomas Schnabel, Philipp-Gerald Hammes (both Real estate law), Dr Tim Reinhard, Konstantin Sitte, Anna Fitze (all IP law), Dr Hendrik Schöttle, Adrian Schneider, Cedric Ludwig (all IT law), Sylvia Wörz and Nora Hendricks-Wirtz (both Employment law).
Osborne Clarke advises Highland Europe regularly on transactions.
