MadOnion closes its round of funding

March 13, 2001

MadOnion closes its round of funding Espoo, Finland - March 13, 2001 - MadOnion, a leading provider of PC benchmark software and performance information services, has successfully completed its round of financing totaling EUR 2 million. The funding is provided by the current investors Conventum Oyj and Nexit Ventures. The new capital will enable MadOnion to continue research and development of PC performance information and web services such as 3DMark benchmarking software and Recommendation Engine purchasing tool. "Since 1997, we've been continually striving to improve our benchmarks to help gamers around the world maximize their gaming experiences and PC performance. This round of funding secures our position to continue intense R&D and at the same time accelerate licensing sales of Recommendation Engine technology in the international markets", said Aki Järvilehto, CEO of MadOnion. About MadOnion MadOnion is a leading provider of PC benchmark software and performance information services. Powered by an Internet-based engine, MadOnion is known around the world for its benchmark products including, the 3DMark Series and Video2000, as well as the BAPCo/MadOnion products WebMark2001 and the SYSmark Series. MadOnion has offices in Helsinki and San Jose. For more information, please visit www.madonion.com. About Conventum A leading Finnish investment bank Conventum offers investment banking services to large and medium-sized Finnish companies, institutional investors and private persons. The majority of the companies in Conventum's venture capital portfolio are in the fast growth stage and their research and product development costs are high. Conventum Group's income from investment services in 2000 was EUR 39.6 million and operating profit was EUR 19.9 million. For more information, please visit www.conventum.com About Nexit Ventures Nexit Ventures is a venture capital firm that focuses on companies developing the enabling technologies for next-generation applications and services. Nexit's portfolio companies are the emerging leaders in the convergence of computing, the Internet, and wireless communications. The fund, EUR 100 million, is sourced from a broad pool of prominent investors and leading specialists in the infocom industry. The majority of the investors are based in Scandinavia, central Europe, the United States and Asia. This global fund structure benefits the portfolio companies by offering greater access to international markets. For more information, please visit www.nexitventures.com

Recent News

Older News

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998