A windfall in Starnberg: Nothing unusual, one might think, but in this case, it's an investment for a young company. Nano Interactive, a search targeting provider, is receiving a four million euro cash injection from the British investor Foresight Group.
The company was founded in 2010 by former ValueClick (now Conversant) managers Christian Geyer and Carl White. The young company has already acquired over 500 customers worldwide, serving them with approximately 60 employees.
Expansion and development are the focus
The funding came at just the right time for the adtech company. Co-Founder Christian Geyer says:
"The first round of financing marks an important milestone in our development: It gives us the financial flexibility to further drive our expansion in Europe, massively expand our sales teams, and significantly accelerate the development of our technology."
According to its own statement, Nano Interactive is “not least because of our large database Europe's leading provider for search-based targeting.” There are currently more than 500 million user profiles with search history in the Starnberger database.
