Anatole Raises €1.2 Million in Funding

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Anatole, a leading European Telecom Expense Management company today announced that it has closed €1.2 Million funding. The newly raised funds will be used to further accelerate the company’s already expansive growth throughout Europe through its existing offices in France, UK, Belgium, Germany, Netherlands and Sweden. All funds were raised from existing shareholders including half from  A Plus Finance, an independent private equity firm.

“The latest round of funding is a great vote of confidence from our shareholders.  The funds will enable Anatole to continue investing to meet the growing demand we’re seeing from companies throughout Europe seeking a European focused TEM solution” said Nicolas Peltier, Anatole’s CEO and founder.  “We’re experiencing especially great results in our offices in Germany, Netherlands and UK where we intend on continued investments, and plan on replicated success in other areas such as the Nordics and Southern Europe” continued Peltier.  “We’re committed to reinforcing our position as the leading European TEM solution” he concluded.

Jean-Michel Pimont, Partner in charge of private equity with A Plus Finance, added: “We are delighted to reinvest in Anatole. In a high growth industry, Anatole has been able to win increasing market share, thanks, in particular, to their technology and the talent of their management and teams. The geographic expansion Anatole is targeting is a key step forward.”

About A Plus Finance
Set up in 1998, A Plus Finance is an independent, management-owned investment company that is specialised in private equity, multi management, film financing and collective property funds (OPCI).
A Plus Finance’s private equity investments are made through its FCPI, FIP and FCPR funds (innovation, regional SMEs and venture capital funds respectively) across all innovative sectors, especially information technology, e-commerce and sustainable development. Investments generally amount to EUR 1-5m. The team’s combination of financiers and entrepreneurs results in a broad approach to asset selection and management with the sole purpose of creating value. A Plus Finance has more than EUR 375 million under management.
For more information: http://www.aplusfinance.com

About Anatole    
Anatole is a leading provider of Telecom Expense Management (TEM) solutions in Europe.  Anatole’s mission is to provide companies with the global visibility and control needed to reduce telecom costs, better manage inventory and improve productivity.  Founded in 1999, Anatole’s flagship product, the Anatole Telecom Expense Manager™, unifies mobile, fixed and data telecom services management on a single software platform.  Anatole allows customers the flexibility of their own administration via a SaaS model, customers’ management in combination with Anatole’s Managed Services, or a complete Managed Service.
Anatole currently has over three million lines under management, and more than 100 carrier interfaces throughout Europe and the United States.  Over 300 customers and partners in 13 countries rely daily on Anatole’s solutions. For more information visit www.anatole.net

Anatole Press contact:
Caroline Martin
+32 2 340 33 44
caroline [dot] martin [at] anatole [dot] net

A Plus Finance: Citigate Dewe Rogerson    
Lucie Larguier / Laurence Bault     
+33 1 53 32 84 75 / +33 1 80 50 12 42    
lucie [dot] larguier [at] citigate [dot] fr / laurence [dot] bault [at] citigate [dot] fr