05/26/2016 2:19 pm

Babbler finalizes €2 million fundraising round led by Omnes Capital and CM-CIC Capital Privé

Babbler finalizes €2 million fundraising round led by Omnes Capital and CM-CIC Capital Privé

Around 4,000 journalists and influencers, for whom registration is free, and more than 300 advertisers use the platform. This round of fundraising will enable us to continue to develop our product while also furthering our business development in France and the United States. We have 20 employees based between Paris and New York.

After having won Microsoft’s Imagine Cup in 2013 and after been named one of the top 100 startups to invest in by Challenges magazine, we were awarded the Web2Day jury’s prize in June 2014.
In November 2014, we have decided to strengthen our board by surrounding us with strategic allies. Among them:
- Fred and Farid, the first French independent digital creativity founded by Fred Raillard and Farid Mokart.
- Fashion Capital Partner, the first investment company dedicated to new technologies for the fashion and luxury industries, created by Francesco Maio and Celine Lippi.
- Serge Perez, president of business workshops, consulting firm Strategic Communications and former president of Publicis consultant France.

Hannah Oiknine, co-founder of Babbler, comments: “This fundraising will enable Babbler to maintain and step up its technological and commercial leadership. We now have the means to achieve our ambitions and are keen to unveil our plans for 2016: recruiting staff, new features and international presence.”

Sarah Azan, co-founder of Babbler, comments: “With Babbler, we are changing the user practices of a sector, and that is a real challenge! In France, we have successfully brought together operators from the PR ecosystem to share our vision. This fundraising will enable us to build an all-encompassing and international solution and prove the scalability of our model.”

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Read the press release: http://web.babbler.fr/document/show/50711