In 2017, post-IPO, Fyber was seeking financing to support its growing working capital requirement as it scaled rapidly, including via multiple acquisitions of businesses in adjacent verticals; many of which would have their own working capital needs.
Vane provided Fyber with a large revolving credit facility of EUR 7.5M, which was both highly flexible and non-dilutive, as well as international, covering Fyber’s German business initially and then adding Israeli receivables.
As well as providing the required finance, Vane became a true strategic partner, helping Fyber navigate several years of fast growth, all the way to its successful exit to Digital Turbine
2021 – Acquired by Digital Turbine
Senior Director Finance, Fyber
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