Kimia raises €2.0 M in series A Financing from Debaeque.
Madrid, Spain, July 12th, 2007.-
Kimia a leading early-stage company that develops technology to channel rich media content from the WWW to mobile phones, today announced the completion of a €2.0M series A round of equity financing, led by Debaeque.
Kimia, via its RSS content syndication platform allows mobile carriers to deploy a wide range of services to their users, such as personalised news bulletins, mobile pod casting and mobile blogging.
“We welcome this round of investment from truly value-added investors who team up with us to leverage our international expansion in Tier 1 mobile operators throughout Europe””, dixit Karel de Beule, co-founder of Kimia.
“Kimia aims to deploy its RSS content syndication technology to mobile carriers, allowing their users to experience a true Internet experience on their mobile phones. We are really pleased to be part of this exciting venture” said Patrick Raibaut, a Partner at Debaeque Venture Capital.
About Kimia
Kimia is a leading early-stage company that develops a software to channel rich media content from the WWW to mobile phones. The technology is deployed by some of the world’s leading operators.
The company’s mission is to develop disruptive technology that delivers a true wireless Internet experience.
Kimia was founded in 2006 by Karel de Beule and Antonio Navas, together with an international team with a proven track record in the wireless industry. The company has its headquarters in Madrid, Spain.
For more information, please visit www.kimia.es
About DEBAEQUE
Debaeque is an independent venture capital firm, based since 2001 in Barcelona, dedicated to investments in Telecommunications and Life Sciences.
Debaeque seeks out the top entrepreneurial teams in each investment area and then brings to bear all of its core assets in helping the entrepreneurs to build their company. Debaeque’s involvement has ranged from helping companies get started and structuring spin-outs to assessing strategic options, recruiting key personnel, providing marketing assistance and closing business development deals.
DEBAEQUE has a unique and distinguishing focus in the field of investment, with special emphasis on generating business in its portfolio’s companies.
DEBAEQUE’s investments include among others Mystrands (www.mystrands.com) (formerly known as Musicstands), NTR Global (www.ntrglobal.com), Oryzon Genomics (www.oryzon.com) SouthWing (www.south-wing.com) and Lemonquest (www.lemonquest.com)
For additional information, see: www.debaeque.com
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