Investinor in €3.3m round for Boost Communications

The round, which included an investment from TeleVenture Management, gave the new investors a 38% stake in the company. The capital injection will be used to expand international operations.

Company
The Boost Communications group, founded in 2000, consists of Boostcom Media and Boost Advertising. The company develops and operates mobile websites and portals for a range of corporate customers, and offers a software tool for creating mobile advertisements. Based in Trondheim, Norway, it recorded a €3.3m turnover in 2011.

People
Principal Jon Øyvind Eriksen led the deal for Investinor. Øystein R. Skiri is CEO and founder of Boost Communications.

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