Sino-French private equity firm Cathay Capital Private Equity has led an undisclosed investment in French web localization and marketing firm Datawords, according to a company announcement.
Keensight Capital, Cathay Capital’s key backer, French investment firm Bpifrance, as well as existing investor French investment firm Capzanine, also participated in the round.
Datawords generated over €30 million (US$32.9 million) in revenues in 2014, 70% of which came from outside of France.
