Xtract secures EUR 3.5 Million to support growth
Xtract, the leader in social advertising intelligence today announced it has closed new funding of EUR 3.5 Million led by Creandum, a leading early stage technology investor together with renewed commitment from existing investor ETF III, advised by Eqvitec Partners.
Xtract works to make the advertising in social media and mobile effective. By using Xtract, customers have seen the average ad income increase with as much as 82% and in mobile campaigns response rates have increased with 30%.
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| Fund | Creandum II LP Argentum share 12.2% |
| Portfolio Company | Xtract |
| Date of Transaction | 2008-05-30 |
| Transaction | Finance round |
| Seller | |
| Buyer | Creandum II LP |
| Size of Transaction | EUR 3.5m |
| Ind. Focus | ICT |
| Geography | Finland |
| Stage | Venture |