Qustodian Raises €1M

▤ Summary

Qustodian, a Madrid, Spain-based mobile marketing solutions provider, has raised €1m in equity and debt financing.The round was led by Inveready Seed Capital, which committed €450,000, with participation from the management team of the company.In conjunction with the funding, Qustodian received a €350,000 loan from Centro para el Desarrollo Tecnológico Industrial (Cdti).Qustodian specializes in the creation of mobile apps and rich-media messages including text, images, audio and video.It is developing a free, membership-based service that pays users cash to communicate with brands and retailers via their mobile phone.

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