Iris Capital, with offices in Paris, Dusseldorf and Dubai, said it expanded its international reach by opening offices in North America and Asia. The new offices are located in Montreal. San Francisco, Beijing and Tokyo.
Iris Capital extends its international reach
Paris, 29 november 2012 : Already present in Europe (Paris, Düsseldorf) and in the Middle-East (Dubai, Riyadh), Iris Capital extends its international reach by opening new offices in North America , in Montreal (Alex Wiedmer) and San Francisco (Denis Barrier), as well as in Asia, in Beijing (Nicolas du Cray) and Tokyo (Francis Perrin, Hiroshi Nishikawa).
This addresses the growing need of internationalizing the VC business as well as the strong demand from entrepreneurs for more global investors.
For Iris Capital, leading European VC player in the digital economy, the core focus of investing remains naturally in Europe. However, in addition to enriching our relational networks, expertise and monitoring through this increased presence outside Europe, the objective is twofold:
- to invest in an opportunistic and targeted manner in some non-European innovative companies which either have a strategic interest to develop in Europe or are in a position to strike added value partnerships with Orange or Publicis
- and to better accompany our young European portfolio companies in their international expansion
About Iris Capital Iris Capital is a pan-European venture capital fund manager specializing in digital economy. Since its inception in 1986, the Iris Capital team has invested more than €900 million in more than 200 companies. Iris Capital targets opportunities in service or technology companies, seeking growth capital in order to realize their strategy. It provides active support to its portfolio companies on the basis of its strong sector specialization and experience, and has offices in Paris, Düsseldorf, San Francisco, Montreal, Riyadh, Dubai, Beijing and Tokyo. In 2012 Iris Capital has entered into a strategic partnership with Orange and Publicis to manage their joint venture capital initiative.