Friday, July 25, 2014

Metooo closes €450k second funding round and appoints the new board of directors

Metooo, a Naples, Italy-based all-in-one platform for event storytelling, completed a €450k second funding round, just 9 months after its first seed funding round of November 2013 when the company raised €60k in seed funding. The funding was exclusively raised among private business angels and signs a new direction in the panorama of the italian venture capital.

New investors who bring capital important for development, but also a network of international relations, specific know-how and training fruit of their experience as well as entrepreneurial success. 

The raised funds will allow the continued development of the digital service, whose completion is scheduled for the spring of 2015, a date which will mark the beginning of the internationalization push after an initial period of acceleration which will begin in September, with the opening of the office London of Metooo as a springboard for the UK and USA/CANADA markets.

The operation was coordinated by Studio Bambino & Partners, which acted as advisor of Metooo

On this occasion, has been appointed the new Board of Directors, which includes Dr. Carlo CapassoDr. Riccardo Romeo, who assumes the role of President, and Dr. Ferdinando Caruso, who was appointed CEO. 

Metooo (www.metooo.io) is the service for digital storytelling events, that currently counts 5,000 active users and hundreds of events organized in Italy, with thousands of tickets sold and a budget 2013 closed with revenues.
Any event, personal or business, can be managed, sold and promoted through Metooo. You canit even create a web page for the communication of the event, invite your contact list, integrate with social media, register participants and sell entrance tickets. You can make any judgments about the event, receive geolocalized promotions and interact - knowing each others - with event participants.

Metooo was born in February 2013, founded by Ferdinando Caruso and Ciro Esposito
The two young entrepreneurs have decided to invest in the joint project on the basis of the experience gained together, over the past five years, working at the digital agency Konomedia.com in the agency they founded, and since summer 2012 have already started the development of MVP 'interface and of the management engine of Metooo, whose first beta has been up to now online at the website www.metooo.it, replaced by the new launchpage published at the web www.metooo.io change domain implies the new international vocation of service. 

Indeed, for the moment, the company decided to suspend the service, and to "turn off" the beta version of Metooo that was until few days ago, with the aim to come back very soon fully active with the new beta version of the service, which will arrive at the end of the summer rich of new features, with new completely redesigned graphics and many other surprises. 

The company has been selected among more than 800 startups for inclusion in the Alpha program of the Dublin Web Summit in early November, and has a busy schedule of things to do. 

Best of luck, Metooo team!

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