Capital A Partners has invested in OpenRatio AB, a mobile technology company.
Stockholm-based OpenRatio develops technology that allows communications across platforms, including iOS, Androit, Windows Phone and mobile HTML5. Terms of the deal were not disclosed.
This is Capital A's second European investment. The Charleston, S.C.-based firm invests in early-stage ventures and small operating companies. The deal should help bring OpenRatio to the North American market. In January, the firm invested in blow dry products group BlowPro Products.
Tanya Marvin-Horowitz, Capital A's general partner, will serve on OpenRatio's advisory board. Marvin-Horowitz is also vice president of international relations for ACG New York.
For more on deals in Europe, see "Transatlantic Transactions."