mardi, 30 juin 2009
Maeglin Software completes a 2.25M€
financing round with CDC Innovation & Innovacom
 

Paris, July 7, 2009 - Maeglin Software, a firm specialized in the development and sale of innovating services for mobile phones, has just completed a round of financing for 2.25 M€ with the venture capital firms CDC Innovation, a subsidiary of the Groupe Caisse des Dépôts, and Innovacom, the venture capital arm of the France Telecom Group. Both investors joined Maeglin Software’s capital at the end of 2007 when the company Ipracom was acquired. This second fund raising of 1.5M€ is added to an initial one of 0.75M€ in July 2008, for a total of 2.25M€. Maeglin Software, located in Montpellier and Paris, has also benefited from the support of OSEO, of Languedoc-Roussillon Incubation, and the Languedoc-Roussillon Region since 2006.

Marketing and sales investments
The funds raised will allow Maeglin Software to accelerate the development of Pleex, a social network based on on-line sharing and back-up of mobile phone content. Jean-François Auriffeille, CEO of Maeglin Software, says: « Pleex has undergone a dazzling growth in the last 12 months, with more than 500 000 registered members and 18 million mobile phone contacts backed up by our clients. This growth has been supported by regular product evolutions and Pleex’s compatibility with more than 1500 handset models. Our international strategy has been successful, with a large penetration in Asia, North America and Europe. Pleex is about to be marketed by several operators, manufacturers and distributors in Europe. These funds will allow us to accelerate our marketing and sales development, especially in India and the United States. » Franck Noiret, General Partner of CDC Innovation, adds: « Our vision for Maeglin Software and Pleex is becoming stronger every day. Its strategy, at the crossroads of Web-mobile phone convergence, data protection and community services, has been confirmed and its multi-industry development is pertinent. The company’s marketing & sales activities are greatly expanding, and so we are pleased to back the management team in its international ambitions. »

Finally THE simple solution for backing up & sharing the contents of a mobile phone
Every year, in Europe, a tens of millions phones are changed, lost, stolen or broken. Pleex addresses this problem by protecting mobile phone contents. Available for more than 1500 phone models, Pleex makes it possible to back up an address book (SIM and telephone), photos, videos, MP3 and documents from a mobile phone on www.pleex.com. This back-up is done without cable or PC, using the operator data network. Thanks to its PleexShield service, users can remotely wipe-out their phone’s data or lock it in case of loss or theft. Lastly, the user can also share his photos, videos and other files with his on-line contacts or on such social networks as Facebook, Blogger, Flickr.

MAEGLIN SOFTWARE, is a company specialized in the development and sale of services for cell phone. This Young Innovating Company located in Paris and in Montpellier was founded in 2006. MAEGLIN is financed by CDC Innovation, Innovacom, Cap Décisif and several business angels and has been granted the support of the OSEO, of LRI (Languedoc Roussillon Incubation) and the Languedoc-Roussillon Region. Maeglin is accompanied by the Montpellier CEEI. For further information www.maeglin.com

Contact : Renan Ayrault Tel. +33 (0)6 20 07 67 42 Email :  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

CDC Innovation is an international venture capital firm with its home offices in Paris and also located in Switzerland and in Silicon Valley. With a managed portfolio of more than 415 M€, it invests in innovating companies in the first phase of development or in a growth phase in two sectors : information technologies and life sciences. Its goal is to create value by giving talented entrepreneurs the resources, experience and network necessary for transforming technological companies with high potential into truly successful industries.

Contact : Franck NOIRET - Tel. : +33 (0)1 40 76 99 04 / This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Innovacom has participated in the launch of young innovating companies in the fields of telecommunications, information technologies and the media such as Alapage.com, Business Objects, Cobalt Networks, Envivio, Gemplus, Infovista, Intershop, Inventel, Kelkoo, Last Minute.com, Netcentrex, Soitec and Tumbleweed . With a managed portfolio of 600M€ and offices in Paris, San Francisco and Stockholm, Innovacom is an active risk capital investor in Europe and North America. Innovacom invests is businesses at the creation stage as well as companies having successfully started up with a first customer base and income. Innovacom accompanies the various steps in financing the businesses in its portfolio up to industrial or stock market transfer and supports their «Business Development » efforts with the France Telecom / Orange Group.

 
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