GCP invests in 42matters

The capital allows the developer team to further improve its application. 42matters is planning to start a series-A fundraising round in 2012.

The investment was made from the €32.6m Gamma III fund.

Existing shareholders are the founders, UCTec Beteiligungsgesellschaft and serial entrepreneur Christophe Maire.

Company
Zurich-based 42matters develops and markets AppAware, a mobile application for Android phones allowing its users to discover new applications and share them with friends.

People
Paul Weinberger is investment manager at Gamma Capital Partners.

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