iVenture Invests in Siruna
Siruna announces a seed investment by iVenture. This capital will be
used to further develop Siruna's Mobile
Internet Platform - assisting companies in building their mobile
websites and applications
GHENT, Belgium (Business Wire EON/PRWEB ) December 3, 2008 --
Mobile
Internet technology provider Siruna announces that the iVenture
investment fund is investing seed capital in its development. iVenture
is a Belgian investment fund owned by IBBT. The additional capital will
be used to further develop Siruna’s Mobile Internet platform and to
boost the company’s commercial activities.
Extra capital for platform development
The capital invested by iVenture will be used to continue the
development and enhancement of the Siruna technology platform. This
platform enables Web builders to create high quality mobile Web sites
and applications, without having to deal with the technical complexity
of device diversity. The platform is available both as a fully managed
service and as an Open Source technology.
A boost for commercial activities
The new funds will also serve to boost Siruna’s commercial activities.
Initially, they will be allocated to developing marketing initiatives,
producing communication material, and hiring a business developer.
Siruna also intends to extend the development of its Open Source
community. “I consider this extra funding to be a vote of confidence in
our team and technology. This funding will help us become the leading
Open Source platform for mobile website creation” says Frank Gielen,
Siruna’s CEO.
iVenture invests in IBBT spin-offs
The iVenture p re-seed fund is an IBBT investment pool that invests in
IBBT spin-offs. It provides the financial instruments necessary for
technology start-ups to make the critical transition from product
research to market introduction.
About Siruna
Siruna
is a Mobile Internet technology provider. The company’s technology helps
companies bring their online content to any type of mobile device.
Siruna has adopted a strategy based on Open Source technology and
partnerships with technology partners. The company was originally
founded in 2007 as Mobixx, a spin-off of IBBT and the University of
Ghent (Belgium). It currently has offices in Ghent and London.
See the original story at: http://eon.businesswire.com/releases/open_source/mobile_internet/prweb1702324.htm
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