202025 Mar

Internxt successfully closes its seed round, securing €250,000+ in funding - Capital-Riesgo.es

Summary

Internxt is happy to announce that it successfully closed a €206,000 seed equity investment round at a €2,000,000 valuation. Investors mainly included SociosInversores, Delwik Group, ESADE BAN, and ex-directives from companies as reputable as Telefonica and Vodafone. The round was regulated by the CNMV, entity that supervises the correct functioning of corporate stock. With the round proceeds and the revenues generated by Internxt, the company expects to increase its number of employees (development, sales) in order to keep improving X Cloud and creating further disruptive products. Additionally, Internxt expects to significantly increase its marketing expenditure throughout the upcoming years and reinvest all its earnings into further growth.

Source: Capital-riesgo

Funding

$381.11K
Amount
Mar 25 2020
Date
-
Investor
Internxt
Company

Classifications

Companies