AntVoice raises €1.3m from two new backers

Existing investors include Nestadio Capital, which invests in regional and innovative companies and Alven Capital, a venture capital fund specialised in IT and media.

This second round of funding will allow AntVoice to launch a new advertising recommendation service and to expand internationally with the recruitment of a dozen senior staff within the next year.

Adeo, a French DIY, homeware and home decoration group that includes brands such as Leroy Merlin, joined the pool of investors for this round. It expects the new partnership to help the group better meet its clients' expectations via a more personal approach.

Laurent Dumas-Crouzillac, partner at CapHorn invest, told unquote":
"I'd known about AntVoice for about a year. I was first impressed by the competence of the management team - headed by Alban Peltier and Rodolphe Mirilovic - and further by the quality of their product. I put it to the test for POC with Adeo, and the outstanding results they came back with further convinced me of their expertise and the efficiency of their graph database." 

Previous funding
In 2011, Alven Capital and Nestadio committed €750,000 of seed funding to the freshly-created company.The capital allowed AntVoice to launch a new Facebook dating application, to hire an extra 15 people, and to finalise the acquisition of French social media CRM specialist Looneo.

Including the latest round of funding, AntVoice has raised a total of €2.8m to date.

Company
AntVoice is a software developer focusing on social media applications. Co-founders Rodolphe Mirilovic and Jérôme Scola started developing Facebook applications in 2009 as a hobby before launching the business with Looneo founder Alban Peltier in January 2011.

It offers predictive recommendations of all sorts (brands, products, advertisements) to more than 40 million users in 25 countries, based on a graph database associating users with specific objects.

Since its market launch in 2014, it has collaborated with numerous media groups (including the Figaro group, Prisma Media, Mondadori and Télérama) and French e-commerce companies such as La Redoute, Delamaison and Mister-Auto.

People
Alven Capital - Charles Letourneur (managing partner).
Caphorn Invest - Laurent Dumas-Crouzillac (partner).
Nestadio Capital - Bertrand Begin (investment director).
ADEO - Xavier Defretin (deputy chair).

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