Deutsche Telekom invests in phone-as-a-service start-up Everphone

Wednesday 8 December 2021 | 10:29 CET | News
Deutsche Telekom has invested in Berlin-based phone-as-a-service start-up Everphone, Techcrunch.com reports. The start-up has raised USD 65 million in a series C round on top of USD 135 million equity financing. Everphone also raised USD 40 million in a Series B round last summer. The latest funding round was led by German private equity investor Cadence Growth Capital (CGC), now Everphone's biggest shareholder.

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Categories: Mobile & Wireless
Companies: Deutsche Telekom
Countries: Germany
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