ISAI, a French early stage and small cap private equity fund backed by a growing list of European - largely French entrepreneurs and high ranking senior executives - has re-invested in French travel agency-linked business, Evaneos. Fellow corporate venturing outfit, XAnge Private Equity, also participated in the $6m series B round. The company has raised $7m since it was established in 2009.
Corporate executive-backed early stage and small cap private equity fund, ISAI, based in France has participated alongside new investor XAnge Private Equity in a $6m series B round of funding for Evaneos. XAnge is the combined corporate venturing entity of France’s La Poste and ABNAmro.
The latest round brings the online travel service company’s total funding to $7m, having raised $1m from ISAI in 2012.
Founded by Eric La Bonnardière, Chief Executive Officer and Yvan Wibaux, Chief Technology Officer, Evaneos…
