Sunstone et al. back Freespee
Sunstone Capital and existing investor Inventure have invested тЌ3.3m in Swedish mobile advertising services company Freespee.
The business plans to use the funding to establish commercial headquarters in London and scale its mobile advertising operations.
Company
Freespee delivers call-based advertising technology and services. The business is based in Uppsala where it was founded in 2008. It employs more than 20 people.
Freespee's mobile click-to-call tracking technology is currently used by more than 35,000 advertisers across the world. The company plans to launch a new product, Freespee Ads, a turnkey solution that connects businesses with mobile consumers in real time.
People
Nikolaj Nyholm is partner at Sunstone and joins Freespee's board of directors.
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