SEED Capital invests in Endomondo

The company offers a service where users can register their sports activities via a website or mobile and share results and challenge friends. Endomondo was founded in 2007 and currently has 700,000 registered users in 200 countries.

Funding will support an increase in the company's expansion plans.

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 Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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