MakeMeReach, a Paris, France-based a social media company and Facebook ad provider, has closed a €3m (approximately $4.4m) venture capital financing round.
Investors include Alven Capital, UFG-Siparex and Siparex Venture.
The company intends to use the funds to expand its sales efforts. MakeMeReach, which currently employs over 20 people, is planning to hire several dozen new staff to ramp up its sales team in France and in other countries over the next few months. Another development area will be improving partner advertising optimization tools.
Founded by CEO Pierre-Francois Chiron and Mathieu Fournier, MakeMeReach has been accredited by Facebook as an Adprovider in January, 2011.
Its Social Media Marketing platform includes Facebook Applications development, design, management and promotion of Facebook pages.