Italy, Belsito Media Raises €650,000 from Vertis to Create Mosaicoon
Published On January 19, 2010 |
Belsito Media srl, a Palermo, Italy-based developer of an innovative strategy for online communication, has raised €650.000 from venture capital firm Vertis SGR.
The investment was made through Vertis Venture, an investment vehicle which is half backed by the Italian Government.
The funds will be used to create Mosaicoon SpA, a viral video and videomarketing start up, and hire, in a 3 year period of time, approximately 30 qualified professionals.