Belgium-based RESPONSUM, a spin-off of privacy, security, and data management specialist CRANIUM, announced that it will be granted capital that can extend up to €2.5M from investment company Volta Ventures. The capital injection starts at €1M, but can be raised to €2.5M in the near future.
With this investment, Koen De Waele of Volta Ventures and business angel Catalina Daniëls will take a seat on the board of directors of RESPONSUM. Alex Van Cauwenbergh, CEO of CRANIUM until recently, will become the new CEO of RESPONSUM in November.