Italian startup Pantea, mobile media marketing, raises 750k euros

 

Pantea, an italian startup company developing software for mobile advertising and mobile marketing will be supported by Atlante Ventures Mezzogiorno (VC fund backed by the main italian banking group Intesa Sanpaolo) and Neomobile (the Italian Mobile Media Company mentioned among the world leaders in the sector) with a capital increase of 740 thousend eurosThe investment will be used for the development and strengthening of Pantea postition in the market and also to boost a development center in Catania, where Pantea has recently opened a new office at the Technological Center of the Sicilian city.

Pantea has big objectives for 2012, not only in terms of revenues, but especially in relation to the overall growth of the company. The injection of new fund will give solidity to the company structure and build a strong sales network able to carry Pantea a significant market position.

Pantea site

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