Tech Company Financing Transactions

Fortumo Funding Round

Greycroft Partners and Intel Capital participated in a funding round for Fortumo. The financing round was announced on 2/22/2013.

Transaction Overview

Company Name
Announced On
2/22/2013
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors

Greycroft Partners (Dana Settle)

Intel Capital (Klaus Konrad)

Proceeds Purpose
The funding will be used to further strengthen Fortumo's position as the go-to provider for mobile payments in emerging markets.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
Ülikooli 6a
Tartu, 51003
Estonia
Phone
Undisclosed
Email Address
Not Recorded
Overview
Direct carrier billing in 95 countries for apps, games, digital media companies, app stores and device manufacturers.
Profile
Fortumo LinkedIn Company Profile
Social Media
Fortumo Company Twitter Account
Company News
Fortumo News
Facebook
Fortumo on Facebook
YouTube
Fortumo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Martin Koppel
  Martin Koppel LinkedIn Profile  Martin Koppel Twitter Account  Martin Koppel News  Martin Koppel on Facebook
Chief Marketing Officer
Mattias Liivak
  Mattias Liivak LinkedIn Profile  Mattias Liivak Twitter Account  Mattias Liivak News  Mattias Liivak on Facebook
Chief Operating Officer
Andrei Dementjev
  Andrei Dementjev LinkedIn Profile  Andrei Dementjev Twitter Account  Andrei Dementjev News  Andrei Dementjev on Facebook
Founder
Rain Rannu
  Rain Rannu LinkedIn Profile  Rain Rannu Twitter Account  Rain Rannu News  Rain Rannu on Facebook
VP - Bus. Development
Andrea Boetti
  Andrea Boetti LinkedIn Profile  Andrea Boetti Twitter Account  Andrea Boetti News  Andrea Boetti on Facebook
VP - Engineering
Martin Sulg
  Martin Sulg LinkedIn Profile  Martin Sulg Twitter Account  Martin Sulg News  Martin Sulg on Facebook
VP - Sales
Sanjay Sinha
  Sanjay Sinha LinkedIn Profile  Sanjay Sinha Twitter Account  Sanjay Sinha News  Sanjay Sinha on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/22/2013: Nexmo venture capital transaction
Next: 2/22/2013: Living Proof venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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