FRANCE - CDC and Innovacom invest EUR 1.5m into Maeglin

Both investors had previously committed EUR 750,000 in July 2008. Maeglin has also previusly been supported by OSEO, Languedoc-Roussillon Incubation, and the Languedoc-Roussillon region since it was founded in 2006.

Paris-based Maeglin specialises in the development and sale of services for mobile phones. The investment will be used by the company to accelerate the development of its principal product, Pleex, a social network based on on-line sharing and back-up of mobile phone content.

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