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FRANCE - Ipnotic Telecom raises EUR 9.6m

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A syndicate of investors including Turenne Capital, CM-CIC Capital Privé, CDC Entreprises Innovation and A Plus Finance have injected EUR 9.6m in a first round of financing for Ipnotic Telecom

Ipnotic Telecom provides telecommunication solutions to companies, authorities and individual professionals. Their service ranges from telephony, internet, security and mobility. The company was recognised as an innovating enterprise by state-backed Oseo Anvar. The new funds will allow the company to accelerate its commercial growth, pursue its efforts in R&D and increase its visibility on the market.
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