Mobile & Wireless

Me2me closes CHF 2.15 mln series A funding

Thursday 7 April 2011 | 12:09 CET | News
Swisscom venture me2me has closed its series A equity capital increase to the amount of CHF 2.15 million as part of a first closing. The round was supported by wholly-owned Credit Suisse entity SVC for Risk Capital for SMEs, Swisscom (Schweiz), beelk Holding with management led by CEO Peter Hauser. A second closing is anticipated to take place on 30 June, increasing the series A figure to approximately CHF 3 million. The funds will enable me2me to advance its product development efforts for mobile applications, improve sales efforts in the single markets such as the United States and Western Europe and to conduct further development work related to the integration of Frisbee into EMR systems.

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