ROQ Technology raised $10.9 million in a round backed by Flash Ventures from Rocket Internet.

ROQ Technology, a Berlin, Germany-based SAAS developer, announced the completion of a $10.9 million in capital fundraising.

The money was raised from German investors including Flash Ventures and Rocket Internet.

ROQ Technology, founded in 2020 by Fabian Wesner, formerly CTO at Project A, and Tim Niemeier, EX-CTO at Rocket Internet, is working for the development of a software framework that can be used for building, launching and operating web applications for a wide variety of business models.