Elaia backs Sensorly with €1m
Elaia Partners has provided French wireless coverage maps developer Sensorly with a €1m series-A round of funding.
Elaia invested via its Elaia Alpha vehicle, which is ultimately looking to close on €50-60m, in exchange for a minority stake.
Sensorly will use the fresh funding to grow its international community of users and to further develop its services for consumers, businesses and wireless carriers.
Company
Founded in 2010, Sensorly has developed an app allowing users to view accurate mobile data coverage maps, compare carriers and test the speed of their data connection.
Its 200 3G, 4G and wifi coverage maps across 40 countries are community-sourced.
People
Xavier Lazarus led the deal for Elaia. Boris Lacroix is CEO of Sensorly.
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