OREANDA-NEWS. March 06, 2012. SORAINEN Latvia provided legal consultations to BaltCap, a leading risk capital investor in the Baltics, assisting in signing an investment contract with software development company Clusterpoint for a total sum of EUR 1 million, reported the press-centre of SORAINEN.

Clusterpoint was established by a group of programmers from Latvia who developed a platform for databases designed for cloud computing IT infrastructure. The software supports integrated functionality and allows the database owner to search within a database over the Internet. The investment is intended for company development, to attract a professional management and sales team, as well as to win the largest international software markets – the USA and the UK.

The client was advised by the SORAINEN Latvian office managing partner Eva Berlaus, senior associate Ansis Spridzans and associate Zane Paeglite.