
Alven Capital backs Mailjet
Alven Capital has led a $3.3m financing round for Paris-based cloud platform Mailjet.
The GP invested $2.6m alongside Laurent Asscher and eFounders, who completed the round. The company will use the funding to support its global growth strategy over the next two years.
Company
Mailjet is a cloud platform that manages the sending and tracking of transactional emails sent by web applications and e-commerce platforms. The company launched in Paris in 2011 – it currently has more than 10,000 customers and employs 23 people in its offices in Paris, Brussels, London, Brussels and Toronto. Mailjet's R&D was financed by a $300,000 investment from eFounders.
People
Investment director Raffi Kamber represented Alven on the deal.
Advisers
Equity - Gide Loyrette Nouel (Legal), Oderis Consulting (Financial due diligence), Constellation Matrix (IT due diligence).
Company - Jones Day (Legal).
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