RWB target fund nexus makes his second successful exit within six months a by India’s leading venture capital funds, nexus venture partners, now sold one of his target companies, the cloud computing provider DimDim. The transaction took place only six months after the successful exit by OLX, an online ad market. The 2007 founded company DimDim developed real-time communication technologies that allow people on the same network, and others chat to communicate. Worldwide, users appreciate the advantage for the features of DimDim to install any separate software on your computer. “Specializing in customer relationship management cloud computing provider Salesforce.com acquired RWB target company DimDim for $ 31 million and thus expanding its own communication platform chatter” to other important technologies.
Chatter allows the employees of a company, posts, departments or in-house to publish presentations etc. and with each other in real time to communicate. Salesforce.com generated revenues of $ 1.3 billion in 2010 and counts including DELL, NBC Universal and HD supply to its customers. The investors of the RWB special market fund India I take advantage of the expected recoveries. More about the investment of the RWB in India, see.
The RWB Group specialises in private equity. Founded in 1999, is one of the first initiators, which have made available to exclusive investment programs of the private equity a broad investing public. With over 100 international fund holdings in 16 States and 5 continents the RWB AG now belongs to the most experienced roof fund investors of in Germany. The RWB AG is managed by its owners and bank-independent. So it guarantees the independent selection of the world’s most promising investment destinations.