SWEDEN - Industrifonden and Broken Arrow back Conveneer with SEK 36m

Conveneer has developed a system for accessing phones on the web. The main product, Mikz, is a connectivity or cloud platform that makes mobile phone data available online in real time by giving each phone its own web address, for example http://joe.mikz.me. Currently technology in this field requires specific software for different services and phone models, which limits new service offerings. With Mikz each phone can be addressed with standard web programming and services.

Founded in 2006, Conveneer sprung out of the Faculty of Engineering at the University of Lund (Lunds Tekniska Högskola, LTH). The business currently employs 15 people in its offices in Lund and Palo Alto in the US, and also has representatives in South Korea and Japan.

The capital increase will primarily fund these final stages of product development, as well as the market launch of the main product Mikz.

Previously, the company has received funding from Teknoseed and business angels.

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• Topics
• Early-stage
• Nordics
• Technology