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Is democracy the next big business opportunity? Last week, Omidyar Network gave MySociety $575,000. Today, Scytl, a firm which makes internet-based voting technology, has raised $9.2 million investment funding.
The Barcelona-based company says its technology has been used by 13 of the 16 national governments which have tried electronic public voting, including U.S., France, Norway, Bosnia-Herzegovina and Australia.
Specifically, a Florida county used it in 2008, it’s powered two local authority elections in the UK and several Catalan agencies are using it.
Scytl’s offerings include remote internet voting, tools to facilitate voter engagement in city council politics, election management software and systems to facilitate parliaments’ and assemblies’ own voting, as well as commercial elections in businesses.
The funds are led by Balderton Capital along with previous Scytl investor Nauta Capital. Balderton’s partner Bernard Liautaud joins Scytl’s board.