Ulobby raised more funding from existing investors Cullen International and Capnova, joined by Vaekstfonden.

Ulobby, a Copenhagen, Denmark-based software developer of a platform used for corporate public affairs and stakeholder management, announced the completion of a capital investment round.

The funding was provided by existing investors, including Capnova and Cullen International, which were joined by the state owned agency Vækstfonden. Proceeds will be used to further expand operations.

Ulobby, founded in 2016 by Bertel Torp and CEO Anders Kopp Jensen, deevloped a SAAS platform sold to companies looking to monitor issues and stakeholders, manage activities and gather political intelligence. The platform is backed by 18 employees based in Copenhagen and Bruxelles and is in use by customers from Denmark, Belgium, Germany and the US.