Multitouch Receives €2M Financing

Funding Rounds

Summary

Multitouch Ltd, a Helsinki, Finland-based interactive multiuser display developer, has received a €2m financing.Backers include Finnish Industry Investment and Veritas Pension Insurance.The company intends to use the funding to expand its sales and marketing efforts and international operations, especially in the USA (where it operates offices in New York and Santa Clara, California) and in Asia.Founded in 2007 and led by CEO Petri Martikainen, Multitouch commercializes large interactive multiuser displays and software platforms.The company, whose products are sold directly and through a global partner network, has clients in 40 countries.

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Amount $2.9M Total raised
Date August 15, 2011 Announcement date
Investors Tesi, Veritas Pension Insurance Lead investors
Company http://www.multitouch.fi Funded company

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