Phonitive Raises €400K in First Funding

Phonitive, a Toulouse, France-based mobile software development developer, raised a €400k in first funding.

Backers included from Capitole Angels and DP Invest.

The company intends to use the capital for development and commercialization activities associated with its flagship product, Touchalize, for R&D of future products, already in the pipeline and recruitment to bolster development, marketing and sales teams.

Formed in 2010 and led by CEO, Guillaume Lemoine, Phonitive develops solutions for next-generation smart phone and tablet devices running iOS and Android. Its Touchalize allows smart phone and tablet users to engage with mobile advertising, mobile games and other rich digital mobile media through touch screen interaction.




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