Geo-Location based Mobile Social Net Service Gypsii Gets $13 Million Funding
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GeoSentric, a Dutch developer of geo-social networking technology, with Gypsii as its yet-to-launch brand, has received $13.1 million in a round, led by Horizon Group and Schroders Private Bank. GeoSentric will use the funds to expand its marketing and sales presence, along with R&D that will develop and accelerate the company’s product road map, it said. More on the funding and company here.
Posted In: Money, M&A & Venture Capital, Social Media, Countries, Europe
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