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Symvan Technology SEIS Fund 2 Invests in VMSme

2 Jul 2015

 

We are pleased to announce that VMS Me Limited has received an investment from the Symvan Technology SEIS Fund 2.

Prior to an initial funding round in February 2015, Symvan Capital had bolstered VMSme's management team with professionals who bring experience in delivering telco-grade solutions, and has since focused its product solution into delivering state of the art instant messaging within targeted communities of interest such as fans and followers of major broadcast sports and events. By combining experience in mobile and TV, VMSme is able to deliver an enhanced user-experience, and its product offering is now attracting interest from major rights owners and distributors of content. This is a fast-growing market in which there are few players today with the required mix of skills to capture a dominant market position.

In July 2014, VMSme was selected by Telecom Italia, out of more than 1,300 applicants, for the TIM #Wcap Accelerator, Telecom Italia’s open innovation accelerator program.

This investment illustrates our approach in finding innovative companies with the right potential and nurturing them. Symvan Capital was instrumental in assisting to bring together professional management into the start-up, mitigating risk, and increasing chances of successful delivery and time to market. Click here to see the other companies in our portfolios.

If you would like to find out more, contact us here.  

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