Massive venture capital injection
Wednesday, December 19, 2007
The investment company Via Venture Partners has joined the investors behind Danish software success, ZOOMIO. With an injection of EUR 5 million the company is strengthened in its pursuit of ambitious growth objectives. The long term target is to open a new international sales office every 6 months and continue to double the turnover every year.
It has taken meticulous preparation but after a year of positive negotiations, the investment company Via Venture Partners and the Danish software company ZOOMIO have come to an agreement. Today Via Venture Partners joins the investor group, already including investment company Vecata, Technological Innovation as well as the founders and management of ZOOMIO.
Via Venture Partners primarily invests in technology and software companies with aggressive growth strategies and ZOOMIO is no exception. Developing and distributing the digital marketing platform ZOOMIO Campaigner, the company already holds a substantial share of the market for multi channel marketing in Germany, Holland and Denmark.
ZOOMIO now receives EUR 5 million from the circle of investors – a capital injection designed to promote the long term growth strategy of the company.
Peter Thorlund Haahr, Investment Manager, Via Venture.
ZOOMIO has an ambitious growth strategy for all their markets, planning the opening of a new international sales office every 6 months while continuing to double the turnover every year. ZOOMIO has a strong management, a unique product and an impressive list of results so far. We are confident that the company will continue to fulfil our mutual high expectations.
Following the agreement, Peter Thorlund Haahr joins the board of the company. The board is currently pleased by the numbers for the 3rd quarter showing the predicted doubling of the turnover compared to last year. However CEO Per John Jensen emphasizes that investments in the development of the platform is necessary to sustain the current growth.
Per John Jensen, CEO, ZOOMIO:
In order to maintain a competitive advantage and leadership in the field of multi channel marketing we must continue to adjust our products to the increasing demands of the customers. At the same time capital is needed for launching the product in new markets.
These are the primary reasons for inviting Via Venture Partners into our circle of investors. We have had a long and productive dialogue, convincing us of the tremendous know-how and professionalism of Via Venture Partners as well as the chemistry between our two companies.
















