Goo raises $2.2m from Moor and GP Bullhound

Goo had previously raised an undisclosed amount from Moor Capital before this round. GP Bullhound's investment is its first in the company, and was made through the VC's Sidecar Fund.

The funding will be used to finance Goo's expansion into North America and ongoing improvements to the company's lead product, Goo Create.

Company
Stockholm-based Goo Technologies is a developer of a 3D web creation tool, which enables users to create interactive 3D graphics for web use.

Founded in 2012, the company employs 10 people and had revenues of SEK 7.5m in 2012-13, according to publicly available information.

People
Kaj Hed is the founder of Moor Capital and Ola de Freitas is the CEO of Goo Technologies.

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