New investors Amadeus Capital, GIMV and Adara Venture Partners fund next stage of growth and vouch for Openbravo as a leader in ERP software More...

BARCELONA, Spain and MINNEAPOLIS, Minn.—15 April 2008—illuminate Solutions (http://www.i-lluminate.com), pioneer of the correlation database management system (CDBMS) technology for building data-driven data warehouses, data marts and analytics applications, today announced that its product is one of only five technologies featured in the Cool Vendors in Data Management and Integration, 2008 report by Gartner, Inc. (NYSE: IT). Gartner is widely recognized as one of the world’s leading IT research and advisory companies. More...

In 2007 Ecutronic generated revenue of over €3.7 million, with significant sales in the areas of on-road assistance, fleet management and remote monitoring solutions. During 2007, the company also closed on an acquisition, in Italy, which is expected to immediately contribute to both Ecutronic's R&D and internationalization efforts. More...

Two of Adara´s portfolio ventures - Cambridge Broadband and Ring2 – have been nominated as winners of the Red Herring Global 100 global technology award. The International Technology Forum selected Polymita Technologies as one of Catalonia’s most innovative technology ventures, at its first ever event held outside the United States. More...

Adara Ventures SICAR, has completed investments in Zaragoza-based Advanced Digital Design S.A., a developer of narrowband PLC (power-communication) chips; and UK-based Cambridge Broadband Ltd., a provider wireless point-to-multipoint telecom transmission equipment. Adara has announced its first exit, with the completion of the sale of Eyesquad GmBH,developer of optical front-ends, to Tessera Technologies (Nasdaq: TSRA). More...

Cambridge, UK, 22 January 2007: Cambridge Broadband, the developer of carrier-classwireless transmission equipment for cellular backhaul, has raised $22.5 million of funding.Taking part in this round were existing investors Amadeus Capital, Accel Partners andTVM Capital, together with new investor Adara Ventures. This funding will enable Cambridge Broadband’s continued sales growth and penetration in the transmissionmarket, particularly for cellular operators. More...

[Luxembourg]. Adara Ventures SICAR, a Venture Capital investment vehicle,constituted in Luxembourg in June 2005, has held a final closing bringing commitments to it’s maximum level of €50m. Created to provide backing to innovative, technology-related early-stage ventures primarily based in Spain or with significant operations in Spain, Adara has completed four investments to date. More...