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| 2004 |
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Adrien Schmidt, Serge Fantino and Grégoire Pauty, after working side by side for several years in an analytical CRM software company, decide to create a data access software for analytics and start Squid Solutions. |
| 2005 |
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Nautilus™ prototype and proof of concept. First financing to set-up R&D |
| 2007 |
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Nautilus™ commercial release. Squid’s early customer successes, such as with eBay, demonstrate the efficiency of the technology |
| 2008 |
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Squid Solutions confirm the potential of its service-oriented business model cross-industry with successes in Telecom (SFR) and Finance (Caisse d’Epargne). |
| 2009 |
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Squid Solutions raises 3 million Euros from Neptune, Banque de Vizille
and private investors.
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Despite the economic crisis, Squid Solutions convinced top-ranked partners to hop on
board and invest in the company.
Neptune Technologies (NT) is an industrial investor based in Paris, France. NT has
a strong experience in the creation and the acquisition of innovative technology companies,
and the long-term growth of their activity on a worldwide scale. NT is a family owned holding
that invests in companies positioned on niche international markets, with strong brands or
technological differentiators, high-growth potential, and a 4 to 80 million-euro valuation.
NT invests the capital generated by earlier successes.
“Squid Solutions convinced us by their clear business model and the expertise of the management team, who was able to gain the trust of very demanding major brands
in France and abroad. Their proprietary, non-intrusive technology transforms CRM
practices by delivering, in very short cycles, the complex customer data analyses
that were simply too lengthy before,” explains Gilles Vicard, Chairman and CEO
of Neptune Technologies. “Squid Solutions is beginning a new phase of their development,
and we are happy to contribute to their success.”.
Based in Lyon, France, CIC Banque de Vizille, is a subsidiary of the CM-CIC Group
and one of the rare French investment banks to offer a complete range of equity
financing services. Their approach is to meet the specific needs of each of their clients,
covering investment, financial engineering and consulting. Venture capital investments
are equity funds exclusively, via their subsidiary CIC Vizille Capital Innovation. |
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