Conceptboard, a Stuttgart-based provider of secure digital workspace solutions, has raised €10 million from Cipio Partners. The investment aims to strengthen its presence in the European market, improve its collaboration platform, and enhance data security compliance. The company sees increasing demand for GDPR-compliant tools in sectors that require strict data protection, such as public institutions, finance, and high-tech industries. The newly secured funding will support these objectives, alongside the formation of an advisory board to drive strategic growth.
Conceptboard has been expanding its market presence over the years. Previously, the company focused on serving German enterprises and public institutions, differentiating itself from US-based competitors with its GDPR-compliant infrastructure. With increasing concerns over data sovereignty in recent years, the demand for regionally hosted collaboration solutions has grown. This investment marks a step toward scaling its operations beyond Germany, positioning itself as a key player in Europe’s secure collaboration space.
How Will the Investment Be Used?
The €10 million funding will be allocated to expanding Conceptboard’s platform capabilities, adding new features, and strengthening security measures. The company also aims to refine its digital sovereignty solutions to cater to European governance and enterprise needs. With stricter regulations on data privacy, organizations are looking for alternatives to US-based services, making Conceptboard a viable option for public sector institutions and security-conscious industries.
Which Industries Rely on Conceptboard?
Conceptboard’s platform is widely used by government agencies, security-sensitive enterprises, and multinational corporations. Clients include Siemens AG, Deutsche Bahn, Vaillant Group, SEW-Eurodrive, and EnBW. Financial institutions such as LBBW and insurers like R+V Versicherung also rely on the platform. Additionally, over 100 municipalities in Germany, including Kiel and Munich, use Conceptboard for secure collaboration, along with federal ministries and agencies.
Internationally, Conceptboard is utilized by government organizations such as the UK Ministry of Defence and agencies in Finland and Sweden. These institutions prefer locally hosted cloud solutions to maintain control over their sensitive data. The increasing requirement for compliance with European regulations continues to drive adoption across multiple sectors.
The company has also formed an advisory board consisting of digital sovereignty and IT security experts. Among them are Holger Heinen, who specializes in IT infrastructure, Kay Iversen, an experienced leader in SaaS and AI, and Andreas M. Kleinknecht, who focuses on cloud technologies for the public sector. Their expertise will support Conceptboard’s international expansion.
“Public authorities in Germany and Europe must realise how regionally hosted cloud solutions can enhance collaboration. Conceptboard optimises processes across organisations and strengthens trust in government institutions through digital sovereignty,” said Andreas M. Kleinknecht.
As companies and institutions shift toward digital collaboration, the need for secure solutions continues to rise. Conceptboard addresses this demand by offering a GDPR-compliant alternative to widely used US-based platforms. The increased reliance on online collaboration tools, especially in regulated industries, further cements its relevance in the European market. Future developments will likely focus on expanding functionality and ensuring compliance with evolving data protection laws.
