Funds to allow further product development and to strengthen sales efforts in the United States and Western Europe.
Baar, Switzerland, 7 April, 2011 - me2me, a software company delivering productivity software solutions for enterprise mobility, has announced the closing of its first Series A equity capital increase to the amount of CHF 2.15 million as part of a First Closing. The round was supported by wholly-owned Credit Suisse entity SVC Ltd. for Risk Capital for SMEs (“SVC”), Swisscom (Schweiz) AG (“Swisscom Ventures”), beelk Holding AG (“beelk“) with management led by CEO Peter Hauser. A Second Closing is anticipated to take place on 30 June 2011, increasing the Series A figure to approximately CHF 3 million. Exclusive arranger and adviser to the transaction was VPAC Finance.
me2me logoThe funds will enable me2me to advance its product development efforts for mobile applications, strengthen sales efforts in the largest single markets such as the United States and Western Europe and to conduct further development work related to the integration of Frisbee into EMR systems.
About me2me
The me2me product portfolio helps users to connect to enterprise information and communication systems via easy-to-use mobile applications. The portfolio includes voice based applications delivered through mobile devices (digital dictation equipment, cell phones & smart phones) as well as Frisbee, a state-of-the-art dictation and transcription workflow solution used in the legal, healthcare and administration markets. me2me has significant experience with applications based on speech technology and counts 18,500 Frisbee users globally to its customer base in the field of digital dictation. With Frisbee Enterprise the company now also offers a powerful solution to ASP’s.
me2me is the new name for the merger between iSpeech AG and me2me AG, both established in Switzerland. iSpeech AG (spin-off ex Dictaphone), with its Frisbee software product range, is a global player in the digital dictation, transcription and workflow management solutions in the German, French, Italian, Dutch and English speaking markets with representations in USA, UK, Australia, France, Germany, Italy, Belgium, South Africa.