Dec 16, 2010

PE INTERNATIONAL AG raises EUR 8M in VC Financing

PE INTERNATIONAL AG, a leading provider of sustainability management software and expert consulting services, announced today that it has secured EUR 8 million (10.8 million USD) in venture capital from Siemens Venture Capital (SVC), and the Cleantech team of European investment company Gimv. Through SVC, PE INTERNATIONAL will join Siemens' global innovation network. The financing will be used to support the company’s ambitious growth plans to further build out its strong market position and become the market leader in enterprise sustainability IT platforms.

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