Muzicall raises €9M in its Latest Round of Funding

Muzicall, a provider of ringback tone services, raised €9m (£8.2m) in its latest round of funding.
BlueRun Ventures Thule Investments, Orkos Capital, Veddis Ventures and GP Bullhound participated in the round.
The funds will be used to further implement company’s vision of making ringback tone services available to all European mobile phone users.
Commenting on the round, Patrick Allainguillaume, CEO of Muzicall, said: “The completion of this round of funding puts us in an excellent position to expand throughout Europe and demonstrate that the huge revenues ringback tone services are delivering for operators in Asia and the US can be realised here too”.
Founded in 2004, Muzicall is headquartered in London, UK and Glil Yam, Isreal. 

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