Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


DN Capital announces sale of Datanomic to Oracle

London, 21 June 2011 - DN Capital, the international early stage and growth equity investor and backer of leading global digital media companies such as Shazam, Digital Chocolate, OLX and Endeca, today announced the completion of the sale of portfolio company Datanomic to Oracle Corporation.

DN Capital was a significant shareholder in Datanomic and the only institutional investor. Following this transaction, DN Capitalís second fund (DN Capital GVC II), which made its first investments in 2008, has already paid back the vast majority of invested capital and is showing clear top quartile returns to investors.

DN Capital Managing Partner and Datanomic Board Member, Nenad Marovac, commented:

'We are very proud to have been associated with Datanomic, a great example of a global technology leader coming out of the UK. We have supported the company for several years and the Datanomic management team have been a pleasure to work with. The fact that Oracle as a leading multinational corporation has now become a major shareholder is a confirmation on the quality of the product and team. We wish them every success in the future.'

Following the sale of OLX to Naspers in August 2010, the sale of Datanomic to Oracle is the fifth exit for DN Capital GVC II. This is also the seventh exit for the DN Capital Group in the last 14 months. In addition, DN Capital has made six new investments in the last twelve months and added key operating executives to its advisory team.

About DN Capital

DN Capital is a global early stage and growth capital investor in digital media and software companies with offices in London and Palo Alto. DN Capital's objective is to identify, invest in and actively support its portfolio companies to become global leaders. Portfolio companies include Shazam Entertainment, Endeca Technologies, Datanomic (sold to Oracle), Eyeka, JacobsRimell (sold to Amdocs), Mister Spex, OLX (sold to Naspers), Digital Chocolate, Tbricks and

The professionals at DN Capital bring over 50 years of private equity experience to their investments, and actively work with portfolio companies to steward their growth through the various stages of development. Additional information about the firm and its portfolio companies can be found on its website at

Publisher Contact Information:

DN Capital

Company profile of DN Capital
Past press releases of DN Capital.


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Jun 29€1.3MSecurity
Jun 28€2.2MDatabase
Jun 28€12.0MMaterials
Jun 28€5.5MBusiness applications
Jun 27€3.0MBiopharmaceuticals
Jun 27€10.0MEnergy related
Jun 27N/AWireless applications

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

Jan 2
Urban Jungle
urban jungle raises £1m in seed funding to build tech-enabled home ...

About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.