NEVEQ Sells Bulgaria-based 3DC to TelecityGroup (CEE and CIS)

Source: GoalEurope  |  Author: Natasha Starkell

CEE-focused venture capital fund New Europe Venture Equity (NEVEQ) has exited Bulgaria-based data center provider 3DC to London-listed data center provider TelecityGroup. NEVEQ originally invested EUR2 million in 3DC, which provides carrier-independent co-location services for companies, in 2009. Financial details of the transaction were not disclosed.