ANNUAL REPORT 2007 | 2008 - Gimv

VENTURE
CAPITAL
Clear2Pay
www.clear2pay.com
Clear2Pay develops innovative payment systems for fi nancial
institutions, aimed at the safe, timely and smooth processing
of internal payment traffi c. Clear2Pay invests around
EUR 5 million a year in researching and developing innovative
payment technologies for use on a global scale. The company
is headquartered in Belgium and operates in the Netherlands,
Germany, Poland, Spain, the UK, the USA, China, Australia
and Singapore. It has more than 400 employees. In 2007
Clear2Pay acquired Belgian company Integri which specializes
in test services and software. This was followed a few weeks
later by its French counterpart Diagram EDI. At the start of
this year Clear2Pay collected EUR 10 million from its existing
shareholders, including Gimv.
CoreOptics
www.coreoptics.com
Fast-growing and innovative CoreOptics develops advanced
optical network subsystems which signifi cantly increase the
capacity of existing networks (higher speed) and the reach of
optical links (improved signal). CoreOptics solutions can be
applied universally both on local and on ultra-long distance
networks. Direct customers are primarily major suppliers of optical
transmission systems like Siemens, Fujitsu and Ericsson
that integrate CopeOptics’ modular building blocks into various
applications and network systems for telecom and data networks.
The company was set up in 2001 and employs around
100 people. The head offi ce is in Nürnberg, with sales and
support divisions in the USA. Gimv has invested in CoreOptics
since 2006.
CoWare
www.coware.com
See page 42.
Digital Imaging Systems
www.disimage.com
See page 42.
Gemidis
www.gemidis.com
See page 42.
46 | Gimv Annual Report 2007-2008 | Operating and fi nancial report
Human Inference
www.humaninference.com
Human Inference, which was founded in 1986, is a leading
European player on the market for solutions to improve the
quality of business data. Data quality management has proved
a strongly growing area in recent years, mainly because it determines
the effi ciency of business applications like CRM and
ERP. Human Inference’s software allows customers to work with
reliable data, thanks to a technological platform that couples
existing business processes to external references to ensure
that data are complete, correct, up-to-date and unique (and in
this way improve their quality). The company today has 75 employees
and delivers to 180 blue chip companies in various
sectors. Gimv entered Human Inference in 2007.
Inside Contactless
www.insidecontactless.com
See pages 42 and 44.
Liquavista
www.liquavista.com
See page 43.
Mentum (ex-CTS International)
www.mentum.com
See page 43.
Tinubu Square
www.tinubusquare.com
French company Tinubu Square is the European leader in automated
solutions and consultancy for the B2B credit insurance
market. Tinubu Square helps manage customer risk and payment
guarantees for inter-company transactions, regardless of
the buyer’s or seller’s country. The service is fl exible, rapid and
complete, and functions as a real interface between credit insurers
and their customers. The Tinubu Square solutions reduce the
cost risk, automate the administrative management processes
and improve the company’s service quality. Tinubu Square has
offi ces in France and Belgium and has forty employees.