Greenberg Traurig advises open source platform Camunda on series A financing of EUR 25 million

Berlin, December 5, 2018 Greenberg Traurig advised Berlin-based IT company Camunda Services GmbH (Camunda) on a series A financing round of EUR 25 million. The investor is Highland Europe. For Camunda, the investment represents the first financing by an external partner.

Camunda was founded in 2008 and offers companies from various industries individual open source software for the automation of business processes. Customers include, for example, Universal Music, Deutsche Bahn, Goldman Sachs, Lufthansa Technik, Deutsche Telekom und Zalando. The capital raised will be used for further expansion in the United States, Europe and Asia as well as for the development of the product.

Greenberg Traurig advised Camunda on all legal aspects of the transaction and its structuring.

Background: This transaction was the first instruction of Greenberg Traurig by Camunda.

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2018 Am Law Global 100. Web: www.gtlaw.com; Twitter: @GT_Law