Freespee, a real time conversation cloud company, secured €9.25m in Series B funding.
The round was led by Ventech with participation from growth debt provider Silicon Valley Bank, and existing investors Sunstone Capital and Inventure. In conjunction with the funding, Ventech’s Tero Mennander joined Freespee’s board.
The company intends to use the funds to accelerate product development.
Founded by Carl Holmquist, CEO, and other Swedish software engineers at the end of 2009, Freespee provides marketers with tools to monitor, manage and personalize the experience of every customer conversation taking place through desktop web, mobile web and mobile apps.
The company, which is based in Uppsala, Sweden, Paris, France, Barcelona, Spain, and London, UK, currently serves global brands such as Allianz, Lloyds, eBay, Bupa, Marriott Hotels and Peugeot, managing millions of conversations every month across 20 countries.