Swedish IT/IP security company EnterNet has closed a financing round of SEK 35 million. The added capital comes mainly from major Swedish institutional investors.

The financing round has been led by ABG Securities, a Swedish investment bank specialising in Nordic stock and operating world-wide. Among the investors are large Swedish institutional investors such as Catella Fonder and Banco Fonder. The added capital will be used for international expansion and further development of the EnterNet technology - a unique technology that has created several licensing opportunities with large international corporations in the telco and security fields.

- We have confidence in our future and will continue to expand internationally, says Peter Johansson, CEO and founder of EnterNet Technologies. It's been rough on the IT scene recently, something that makes us even more pleased with the result of our financing round.
ABG Securities share the view that the financing result was very good.

- To be able to attract such quality institutions to the volatile IT industry has to be perceived as a major success, comments Lars Carlsson of ABG Securities.

ABG Securities
ABG Securities is one of the leading investment banks in the Nordic countries, specialising in Nordic stock from a global perspective. ABG Securities is active in the fields of stock brokerage and corporate finance. Customers are domestic as well as international institutions. ABG Securities was founded in 1997 by a number of well-renowned brokers and analysts from well-known investment banks such as Goldman Sachs, Alfred Berg and Enskilda Securities. The organisation has over 125 employees based in Stockholm, Oslo, London, Paris, Zurich and New York. Currently, a merger between ABG and one of Norway's most prominent investment banks, Sundal Collier & Co, is to be finalised before the summer.
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