Alven leads €7m round for Genymobile

The funding will enable the company to develop and bring to market its Genymaster product, which allows businesses to develop customised Android operating systems across a variety of devices.

BPI France also took part in the round for Paris-headquartered Genymobile, which has an additional office in Redwood City, near Palo Alto.

The deal comes shortly after Alven invested in VideoStitch, another Parisian start-up with offices in the San Francisco Bay area.

Company
Founded in 2011, Genymobile provides Android emulator platforms for app development and testing. The company uses a freemium model to generate revenues.

People
Angélique Zettor is co-founder and co-CEO of Genymobile.

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• Topics
• Expansion
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• Alven Capital