Masseran et al. invest €6m in E-Blink
Masseran Gestion has joined existing investors I-Source, Alven Capital and 360 Capital Partners in a €6m round of financing for French telecoms company E-Blink.
In 2008, 360 Capital Partners led a €5m funding round in E-Blink, investing €3.5m while existing investors I-Source Gestion and Alven Capital provided the balance.
I-Source and Alven previously invested €2m in 2006, followed later by a €1.6m top up. The company was also provided with a €140,000 seed round in 2005 from government agency OSEO.
The fresh funds will be used to accelerate international commercial development. E-Blink will also recruit new staff for its R&D activity.
Founded in December 2005 in Boussy Saint-Antoine, E-Blink designs and develops alternative solutions to ease deployment of high points for telecommunications carriers. Its technology simplifies 2G, 3G and 4G mobile telephone networks by replacing cables with low output aerials in base stations.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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