2nd round for CTS, the network business decision company; CTS raises EUR7.6 millions from AGF Private Equity, GIMV, Softbank Europe Ventures and SOFINNOVA Partners.

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M2 PRESSWIRE-26 September 2002-CTS: 2nd round for CTS, the network business decision company; CTS raises EUR7.6 millions from AGF Private Equity, GIMV, Softbank Europe Ventures and SOFINNOVA Partners (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:09262002 CTS (Cril Telecom Software), the leading provider of network business decision OSS (Operational Support System) software for the telecommunication industry has raised EUR7,6 million in second round venture capital financing.

Two new investors - AGF Private Equity and GIMV - have led the round together with a large participation of the two earlier investors of the first round which occurred in June 2001 - Softbank Europe Ventures and Sofinnova. Proceeds from this round will support an active development...