19 Oct 2020
ZAP announces a major capital increase by its two historic shareholders Patrick Hansen, Director at Saphir Capital Partners and CEO of Luxaviation, and Marc Neuen, Founder and CEO of Linc. Cap4 Group has also entered the capital and just took over the operations of the company.
Zap, founded in 2007, operates the leading Luxembourgish social network zap.lu. By leveraging its extensive experience in the field of social networks and cloud applications development, the company has since developed several products targeted at enterprises. The latter being Squareboard, a digital workplace allowing companies to communicate and collaborate with greater ease across organizational silos by combining traditional intranets and social networks functionalities.