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Mobile App Platform Developer Streamezzo Wins €4 Million in VC Funding

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French mobile app devlopment platform Streamezzo has received €4 million (£3.58 million) in VC funding in a round led by Innovacom with support from existing investors including Sofinnova Partners and Qualcomm (NSDQ: QCOM). Paris-based Streamezzo claims its standardised, open app development makes it easier for developers to get their apps published across the major mobile networks including Apple’s iPhone, Qualcom’s Brew, Java and Google’s Android. The money will go towards international expansion and some “consolidation” of the company’s position in China. The company yesterday appointed Olivier Avaro as its new CEO. Release.

May 13, 2009 12:42 PM ET

Posted In: Entertainment, Movies, Music, Mobile, Money, M&A & Venture Capital, Venture Capital, Countries, Europe, France

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