Following it’s acquisition of Landmat, Enpocket (previous mention) has raised 9.5 million in a Series C round of financing. The financing was led by new investor Straumur Investment Bank and its subsidiary Bru Venture Capital, with all of Enpocket’s existing investors including Nokia Venture Partners, GrandBanks Capital and Dolphin Equity Partners also participating.
The new funding round will be used to expand the company’s sales and marketing initiatives across the Americas, Europe and Asia. Funds will also be used to support Enpocket’s ongoing acquisition of key technologies and products. Enpocket recently merged with Landmat, and had previously acquired SkyGo, an early leader in mobile internet ad serving technologies and Mobicus, an innovator in the development of mobile messaging software.
Enpocket has also announced that Peter Larsen, previously Enpocket’s Managing Director for Europe Middle East & Africa, has been promoted to Chief Executive Officer.
Link