VividWorks Ltd. received investment from Nurmiranta and FinnveraFebruary 8, 2011
VividWorks Ltd. has received capital investment from Nurmiranta Holdings Ltd. and Finnvera Plc. VividWorks develops web-based sales solutions for visual product manufacturers and retailers. The company’s customers include the furniture industry and manufacturers of interior design related products. VividWorks has quickly achieved a strong position in the Nordic market and the news funding also allows the company to promote its international growth.
“We are targeting for growth in the furniture industry and this finance allows us to expand operations in key European markets.”
Says Miska Visuri, CEO of VividWorks Ltd.
“VividWorks’ products and business idea offers good opportunities for rapid international growth. Products are already on the domestic market and export for several countries has already started.” Says Vesa-Pekka Kursu, manager of Finnvera’s venture capital activities.”
Nurmiranta’s business is based on the service of innovations that process traditional industries and on the effective utilization of new technologies.
“Nurmiranta is continuously looking for opportunities to strengthen and diversify its business. The starting cooperation with VividWorks provides excellent conditions to accelerate positive development of both companies”
Says Sami Somero, CEO of Nurmiranta Holdings ltd.