French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys

Saturday, 11 December 2010 18:41

French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys

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The French entrepreneurs' fund, ISAI, has just announced that its investing in Commerce Guys, a Franco-American company that develops open source Drupale-commerce solutions. This is the third investment for the fund run by some 70 French entrepreneurs from

these companies,which previously invested in carpooling platform Covoiturageand the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I'll venture a wild guess that it most likely lies between the €500,000 and €1.5 million range - which would be in-line with the rest of ISAI's investments.