Vaadin raises 5M€ from Verdane Capital

This marks the second investment round for Vaadin this year. The capital will be used to further boost its investments into product development and marketing.Verdane Capital IX invests over 5M€ in Vaadin, the company behind the popular open source web application development tools. The investment is made partly by buying secondary shares from another shareholder and party as a directed new issue. "We are very pleased to team up with Verdane and further strengthen our position in the growing US and European markets," says CEO Joonas Lehtinen. He adds, "Vaadin is known for its tools that