Linko Raises $2.6M; Acquires Localstream

linkoLinko, a Berlin, Germany-based mobile startup that procides a customer relationship management (CRM) solution, raised a seed funding round.

According to Tech.eu, the transaction amounted to $2.6m (read here).

Backers included angel investors Giuseppe DonagemmaPekka Vartiainen, Pertti Melamies, Roberto Condulmari and others.

The company intends to use the funds to build its developer team and the product. Following the round, Linko has strengthened its executive team by acquiring Localstream, a Berlin-based location-based search and content publishing platform founded by Mark MacMahon and Jilles van Gurp, who previously led the development of some of the core services behind Nokia’s recently rebranded HERE technology platform.

Led by Mikko Alasaarela, Founder and CEO, Linko is developing a customer relationship management CRM solution that automates the collection of sales activity data to a real-time, searchable social feed.
The Localstream technology will be used to add location context to Linko’s system.

Fifty companies are in the current pilot rollout program with a waiting list amounting to 2,000.

FinSMEs

16/01/2014

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