Exit for Round2 Capital portfolio company DRACOON

Round2 Capital is proud to announce that the shareholders of its portfolio company DRACOON have come to a definitive agreement for the sale of all shares in the company to Kiteworks, as part of their expansion in the DACH markets.            
Round2 became a major shareholder in DRACOON with its investment from the fund and through a co-investment with Round2 LPs and is proud of the successful development of DRACOON over the last couple of years and the great return that could be achieved for Round2 investors in the short period of our engagement with DRACOON.

“Together with Kiteworks, we enhance our comprehensive and reliable data security solutions for our customers,” said Dr. Björn Momsen, Managing Director, DRACOON. Marc Schieder, Managing Director at DRACOON, concurred with Momsen, “Kiteworks’ commitment to national and international security standards aligns perfectly with our focus and that of our customers. We are excited about the opportunities this union brings.”             

“With Kiteworks we have found a great new “home” for DRACOON and its team. We congratulate the DRACOON leadership team on the recognition as a leader in its home markets and look forward to seeing the company flourish in the future.”, says Stefan Nagel, Managing Partner of Round2 Capital. “Solutions that ensure data privacy and enable sovereign control of data are crucial for the modern world. This conviction drove our investment in DRACOON in the first place, and will continue to drive our investment strategy in this space in the future.”


DRACOON is a German software provider for secure data and file exchange on local infrastructure. The highly secure, platform-independent file exchange software is available as public cloud as well as on-premises version. DRACOON was founded in 2012 and has become a leading cyber security company with currently over 500,000 users worldwide, including major companies such as Deutsche Bahn, Telekom, and Thyssenkrupp.

For more information about DRACOON, visit: https://www.dracoon.com/

About Kiteworks:

Kiteworks is a US-based cyber security platform provider offering file sharing, managed file transfer, and email data communications to meet required compliance standards. The company was founded in 1999 and is now active around the globe with the mission to empower organizations to effectively manage risk in every send, share, receive, and save of sensitive content.

For more information about Kiteworks, visit: https://www.kiteworks.com/

About Round2 Capital:

Round2 Capital is a fast-growing European investment firm with EUR 140m under management. Based in Vienna, the firm is a strong partner for European scale-ups and companies with digital and sustainable business models. Since its foundation in 2017, Round2 Capital has been pioneering revenue-based finance in Europe and is active in several European countries, with a focus on Germany, Switzerland, Austria, and the Nordic countries. To date, Round2 Capital has invested in 34 different software and technology scale-ups across 9 jurisdictions.

For more information about Round2, visit: https://round2cap.com/

The shareholders of DRACOON were advised by Stephens (M&A), LUTZ|ABEL (Legal) and COUNSEL (Tax).  Kiteworks was advised by Taylor Wessing (Legal) and AC CHRISTES & PARTNER (Financial & Tax).

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