Conceptboard, a Stuttgart-based provider of visual collaboration tools, has received €10M from Cipio Partners. This funding is set to propel the company's growth and further develop its secure, GDPR-compliant digital workspace, which serves public sector organizations. Additionally, an advisory board has been formed to aid in international expansion, including experts in digital sovereignty, B2B software, and cloud technologies. Conceptboard's platform enhances remote teamwork while adhering to stringent privacy regulations, addressing the increasing demand for secure collaboration tools in Europe.
The demand for GDPR-compliant collaboration solutions is growing rapidly. Public institutions, in particular, require alternatives to US-based providers," says Helmut Schmitz, CEO of Conceptboard.
Our investment will drive expansion and further develop our collaboration platform, ensuring we maintain European data sovereignty and cater effectively to our client base.
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