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27 June 2011 - Truffle Capital and SoLoMoCo, a Mobile World wide web company, have announced a two.eight million Euro investment inside the corporation UTEL SAS. is SoLoMoCo's initially air yeezy pas chere it was produced.

is usually a Social Networking mobile applications publisher that focuses on people meeting one another. Their understanding with the sector and their entrepreneurial experience bode effectively to get a fruitful partnership." He went on to state that "Our speaking the same language also means we understand each other on the larger degree than just talking about target figures. We could make good decisions rapidly, within a globe in which the time to get to market place is now counted in weeks not in months." Capital CEO Bernard-Louis Roques explained of the initiative that "UTEL could be the excellent mobile platform for creating an worldwide leader in Social Mobile applications. This is the purpose that we've got set ourselves through our initiative to produce the organization an worldwide one, and to facilitate the growth of new functionalities and monetisation tools."

SoLoMoCo CEO Minh Q. Tran commented that "UTEL fits properly with SoLoMoCo's investment tactic since it represents the SO(cial Networks) component that we are thinking about taking to an worldwide audience also as our initiative to launch new location-based mobile companies (Local MObile COmmerce)". Progress prospects are substantial internationally in each markets and convergence of applications on mobile, Tv tablets. The corporation is expected to generate in excess of 7 million in turnover in 2011. It operates as an incubator enterprise which co-invests with Small business Angels or Venture Capital in ground breaking start-ups that have sturdy synergies in between them. With 460 million in managed funds, Truffle Capital is led by a team of four companions (Jean-Fran air max france, Henri Moulard, Philippe Pouletty and Bernard-Louis Roques) with decades of flourishing investment and entrepreneurial knowledge in both Europe and North America. Truffle Capital aims to accomplish superior monetary returns by leveraging its business awareness, comprehensive network, operational knowledge and concentrate on spin-outs to recognize business enterprise possibilities that match latent market demands.
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