Successful Round of Funding for Jedox, Leading Supplier of Open Source Business Intelligence Software

Muenster/Freiburg, 3 June 2008 - Jedox AG has successfully closed a future-oriented round of funding with eCAPITAL. Together with the investment by the existing investor, Klaus Wecken, co-founder and former CEO of the KHK Software AG, it provides a financial basis that opens up new perspectives to Jedox‘s growth on the global IT market.

CAPITAL is a venture capital company managed by entrepreneurs located in Muenster. Since 1999 it actively supports entrepreneurs in future-orientated fields. Frank Hölzle, Managing Partner of eCAPITAL is convinced: “The Open Source platform of Palo will take hold as an international standard in the area of Business Intelligence and it is going to revolutionize the industry”. eCAPITAL currently manages three funds totalling more than € 60 million and invests nationally in Early and Later Stage companies as well as SMEs.

For further information please read the press release.