
Idinvest et al. support Synthesio with €14m
Idinvest Partners has taken part in a €14m funding round for Synthesio, a French provider of social media intelligence software.
Idinvest was joined by existing backers Entrepreneur Venture, Lior Investissements and Essec Ventures, the latter of which is the venture arm of Essec Business School.
The capital will enable Synthesio to accelerate international growth and further fund the research and development operations for its products.
Previous funding
Essec provided seed funding for Synthesio in 2006, followed by a further seed investment from Lior in 2007. The company raised its €1.5m series-A in September 2011, with the funding provided by Entrepreneur Venture.
Company
Founded in 2006, Synthesio is headquartered in Paris with additional offices in New York, London and Singapore. The company employs 75 staff.
Synthesio provides social media intelligence software, designed to allow its clients to track and manage interactions and dialogue with customers through social media channels. The company provides its services across 192 countries and in 50 languages.
Clients include Microsoft, Nissan, McDonalds, Orange and P&G. The company also partnered with BT to monitor the 2012 London Olympics.
People
CEO Loïc Moisand and product vice president Thibault Hanin are the founders of Synthesio. Idinvest venture partner Matthieu Baret and analyst Pierre-Edouard Berion worked on the deal alongside Entrepreneur Venture partner Bertrand Folliet and investment director Guillaume Dhee.
Advisers
Equity – Alpha Capital Partners, Marc Oiknine (Corporate finance); Gide Loyrette Nouel, Pierre Karpik, Louis Oudet de Dainville (Legal); Audit & Diagnostic, Philippe Millan (Financial due diligence).
Company – Taylor Wessing, Nicolas de Witt, Dalila Mabrouki (Legal).
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