Stefano Bargagni the serial entrepreneur who in 1993 founded CHL, the Italian leading company in e-commerce of tangible goods for the end user, and since 2000 listed in the Standard segment of the italian stock exchange, raised €2.5 million - in 2 equal tranches - in just in 8 months for Cynny, the startup he founded in 2013 and that it is launching a mobile application that brings together file-sharing, tagging and social media.
The company structure was enriched with 41 new members, including some foreigners, with an average investment of around €70,ooo each, reaching a total of 60 members. The capital raised so far by Cynny has been allocated almost entirely to research, development and purchase of hardware. In addition to developing the App, Cynny has created a microserver based on ARM technology. This technology is already operational with 3 rack ("cabinets") of 532 microservers each active in Europe and the United States.
Stefano Bargagni, founder of Cynny, said: "We're riding on a success story. Cynny is shifting away from its purely creative phase to the "production" one.
What is the Cynny app? Cynny is a new platform that allows users to communicate keeping firmly in control of their data. The Cynny App frees the user from any limits of space, type of file and device and gives him/her total control of sharing, storing, enjoying their contents.