Lebanon Businessnews News
 

Berytech invests in Active Identity
The investment is worth $300,000
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Under the agreement, the Fund will invest up to $300,000 in Active Identity to support its projects.

The two parties were introduced to each other at the Investor-Project Matching sessions organized by InfoPro - Business Development Services during the latest “Business Opportunities in Lebanon” conference held in October.

The Berytech Fund is a start up fund that invests capitals in early growth local firms which operate in the information technology sector in exchange for equity ownership.

It has assets of $6 million under management.

 

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Date Posted: Feb 04, 2010