Cerha Hempel has advised NC Management and the NC Growth Fund I on a EUR 12 million series B financing for Pimcore. 42law advised Pimcore and its shareholders and founders.
According to Cerha Hempel, “the investment will support the Austrian tech company’s global expansion, the commercialization of the open-source platform, and continued development of disruptive data and experience management capabilities for enterprises.”
Nordwind Growth is a German-based growth fund.
Pimcore is an Austrian enterprise open-source software platform for customer experience management, digital asset management, product information management, multi-channel publishing, and e-commerce software.
“We are delighted to fuel the growth of Pimcore,” Nordwind Growth Managing Partner Christian Plangger commented. “It’s an outstanding product with an exceptional global vision. It’s simply a 100% fit within our investment strategy.”
The Cerha Hempel team included Partners Albert Birkner, Nadine Leitner, Peter Knobl, and Armin Schwabl, Senior Counsel Wolfgang Sindelar, Senior Associates Martin Eichinger, Alistair Gillespie, Christopher Peitsch, and Alina Alavi Kia, and Associates Jakob Weber, Liliana Niederhauser, and Boris Treml.
The 42law team included Principal Christof Strasser, Attorney-at-Law Tobias Tangl, and Associate Barbara Neuwirth.
The Nordwind Growth in-house team included General Counsel Johannes Wittmann.