LOTARIS SECURES USD 9.5 MILLION DOLLARS SERIES A ROUND

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16.08.2011

Headquartered in Switzerland Lotaris offers solutions for developers of mobile applications. 3 Venture Capitalists from Switzerland and Singapore now announced their investment in Lotaris.

Lotaris is a pioneer of behavior-based mobile applications management from one global platform. Providing services to large mobile software vendors and their commercial partners, Lotaris technology imbedded in their applications allows them to generate revenue based on precisely what their end-users want to do within their mobile apps, whether it is a game, mobile security solution, or high-end enterprise mobile software. Lotaris allows them to effortlessly analyze their customers' behavior, to communicate, permit usage, and collect payments at just the right time, all from within the mobile application.

 3 Venture Capitalists from Switzerland and Singapore now announced their investment in Lotaris. Vickers Venture Partners, an early-stage venture firm with offices in Shanghai and Singapore, is leading a US$9.5 million Series A round with co-investors, Credit Suisse (through its investment vehicle SVC AG) and Lausanne-based Eurofin Capital (through its Eurofin Ventures Team). This partnership between Swiss and Asian firms secures both increased resources and a strong accelerator for Lotaris in the Asian markets.

"The explosive growth in mobile apps demands assertive but sure-footed expansion. This ideal combination of Swiss and Asian capital and influence, combined with truly exceptional new partners will propel us into a leadership position. Our team is thrilled with the completion of a 'dream' Series A." said Robert Tibbs, founder and CEO of Lotaris. The company with its headquarter in Yverdon has subsidiaries in Asia and the US.

Kontakt:
Lotaris SA
Rue Galilée 15
1400 Yverdon-les-Bains
Switzerland
Tel: 024 420 7835
Fax: 024 420 7836

 

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