Touchalize Spurs 400k Euro Investment in Phonitive

Jan 14, 2013

Mobile software developer, Phonitive, has received a first round angel investment of 400k Euros from Toulouse-based seed investors, Capitole Angels, and DP Invest. Confirmed and received in late-December, the potential shown by Phonitive's flagship technology, Touchalize, secured the investment deal.

This first round funding will be used for onward development and commercialization activities associated with the Touchalize product, as well as supporting forward R&D of Phonitive's future products, already in the pipeline. Recruitment is also being supported by the funding with a view to bolstering development, marketing and sales teams.