According to Bizjournals.com GroupSystems Corp. has secured an additional round of venture financing from Slottsbacken Ventures, a Swedish venture capital firm owned by 6apFond, which is based in Gothenburg, Sweden, the company said Tuesday. Financial terms were not disclosed.
Broomfield-based GroupSystems, a provider of group intelligence and team decision-making software and strategic solutions, said the additional capital would allow GroupSystems to strengthen its European presence while continuing to create group intelligence solutions and services in the North American marketplace.
GroupSystems also said it was expanding its partnership with Douglas S. Griffen. The partnership will focus on the development of strategic services for large interactive corporate events and other specialized group innovation solutions.
As part of an effort to solidify and expand its footprint in the United Kingdom, GroupSystems said it has partnered with Marratech UK, a Web-conferencing provider with a large U.K. customer base, to offer a comprehensive product and service offering. GroupSystems has also entered an extended partnership with Consensus On-Line - Denmark to offer large interactive events for the European Union and European Commission.
