Jusp raises €4,500,000 ($6,000,000) from Principia II and Vertis Venture Funds

JUSP Spa a Milan-based startup operating in the mobile POS hot market, announced on Wednesday 3rd April, 2013 the closing of a $ 6 million (€ 4.5 mln) equity round with two, also Milan-based, leading VC funds, Principia II and Vertis Venture. The investment round represent one of the biggest rounds ever made by VC funds in italian startups.

The round was led by Principia SGR and Vertis SGR with the participation of some angel investors: Stefano Calderano (previously BNL Paribas, Banca Intesa and Poste Italiane), Paolo Giuda (Lehman Brothers)  Bruno Spadoni (former DG Setefi), Giulio Valiante (Saldi Privati and Jobrapido) and Simone Ranucci Brandimarte (Glamoo), who also led the first $700k seed investment in 2012.

The new management board is composed by Stefano Calderano (Previously BNL Paribas, Banca Intesa and Poste Italiane) as Chief Executive Office (CEO), Paolo Giuda Chief Financial Officer (CFO), founders Jacopo Vannetti and Giuseppe Nicola Saponaro as CTO (Chief Technology Officer) and COO (Chier Operating Officer) respectively. Roberto Mazzei currently president of Principia SGR has been appointed Chairman of JUSP. 

Thanks to the equity injection, Jusp will be able to

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