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French Mobile Video Developer Eyeka Raises $4.8 Million

Authored by Mark Hefflinger on March 28, 2006 - 10:39am.
Paris - Eyeka, a France-based provider of mobile video and image service applications, announced that it has secured $4.8 million in first-round venture-capital financing just months after the company was founded. Paris-based Ventech Capital and U.K.-based DN Capital led the round. Eyeka said DN Capital's expertise in digital media and strong presence in the U.K. and U.S. would be "crucial" for its international expansion. The French firm said it would use the investment to develop its platform and hire new staff.
tags: Raise | French | $4.8 Million | Mobile Video Developer | Eyeka |