wiMAN Raises €700K in Seed Funding from TIM Ventures, P101 and Club Italia Investimenti 2.

Milan/Bologna, December 19th, 2014 - WiMAN, among the most extended social Wi-Fi networks in Italy, opens up its capital to a pool of investors led by Tim Ventures, a company of the Telecom Italia Group born to invest in the best Italian digital startups, and by P101, operator of venture capital promoted by Andrea Di Camillo. Among the new shareholders there is is also Club Italia Investimenti 2. The overall investment amounts to €700k.

Founded in 2012 by Massimo Ciuffreda (CEO and co-founder) and Michele di Mauro (CTO and co-founder) WiMAN was initially backed by Matteo Riffeser Monti as business angel and by the accelerator NanaBianca that has financially followed the capital increase. 

The company was founded in 2009 with a clear mission: to bring the wifi throughout the country and reset at once the digital divide. In 2011 the founders decided to risk everything again and invested their savings of a lifetime to start a new adventure: WiMAN officially becomes a startup! Starting from scratch was not easy; but as always passion and tenacity prevailed.

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