As part of its integration into the Paragon Group Limited, Scytl Secure Electronic Voting will be renamed Scytl Election Technologies. Founded in 2001 and led by CEO Silvia Caparrós, the company is a developer of secure online voting and election modernization software. Its technology has been successfully used by more than 30 countries around the world and is entering the private elections market as well. Scytl has a very strong presence in the United States, Canada, Australia, Switzerland, France, Netherlands and Spain. Scytl was backed by professional investors including Nauta Capital, Vulcan Capital and Balderton Capital, which funded the company with EUR 5 million ($5.6M) in 2019.