Multitouch Receives €2M Financing

Multitouch Ltd, a Helsinki, Finland-based interactive multiuser display developer, has received a €2m financing.

Backers include Finnish Industry Investment and Veritas Pension Insurance.

The company intends to use the funding to expand its sales and marketing efforts and international operations, especially in the USA (where it operates offices in New York and Santa Clara, California) and in Asia.

Founded in 2007 and led by CEO Petri Martikainen, Multitouch commercializes large interactive multiuser displays and software platforms. Its screens are designed for professional usage in a range of markets such as retail business, advertising, exhibitions, museums, education and design.
The company, whose products are sold directly and through a global partner network, has clients in 40 countries.

Following the investment, Multitouch’s existing owners, its founders and the seed fund Vera, continue as owners in the company.



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