Pride Capital Partners from Amsterdam finances the further growth of Kendox. An undisclosed amount is earmarked as a subordinated loan for the deployment of a cloud solution. The Swiss company focuses its document management software on medium-sized customers who want to digitize their office and administrative processes.

More than 900 customers in Germany, Switzerland and Austria use Kendox archiving solutions. Ten percent do that via the cloud. Through the transition to the cloud, Kendox makes its products more accessible to small and medium – sized enterprises.

Pride Capital finances growing profitable companies in the software and it market. The Belgian Netaxis also recently received a subordinated loan.

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