Infogr.am said Thursday that it has received 1.34 million euros in funding. The investors were Point Nine Capital, Connect Ventures and HackFwd. In addition to the financing, Christoph Janz of Point Nine Capital and Pietro Bezza of Connect Ventures have joined the company’s board. Based in Riga, Latvia, Infogr.am is a provider of data visualization solutions.
Infogr.am, the popular infographic creator, announces a 1,34 million EUR investment from Point Nine Capital, Connect Ventures and HackFwd. This is largest publicly known start-up financing deal in Latvian history according to the ArcticStartup, a leading tech blog in Northern Europe.
“We got a fresh energy and knowledge for Infogr.am. We’ll continue to strengthen our leader position in the data visualisation market and expand our sales capacity, with a focus to the USA,” says Uldis Leiterts, co-founder of Infogr.am, adding that company is currently hiring a VP of Sales for it’s upcoming US office.
The new members of the board Christoph Janz (Point Nine Capital) and Pietro Bezza (Connect Ventures) are positive about the company’s future.
“With its Cloud-based data visualization tools, infogr.am is on the best way to make beautiful data visualization accessible for anybody anywhere. We’re super excited to back this amazing success story out of Latvia!“ says Christoph Janz.
Pietro Bezza shares the excitement: “The data visualisation world is ready to be eaten by cloud software and Uldis, along with the Infogram team, have clearly a fantastic mix of vision, passion and talent to lead this disruption. And they have just get started”.
Along with the investment, Infogr.am is about to launch real-time data support and Google Drive integration. Recently company presented a sneak-peak in the world’s first video infographic generator, which is expected to launch for general public later this year.
“This, to our knowledge, is the largest publicly known investment round in Latvia. Hopefully this will be a trend starter and we will see more interesting companies to follow,” tells Dmitri Sarle, CEO of ArcticStartup.com
Infogr.am was founded 2 years ago by Uldis Leiterts, Raimonds Kaze and Alise Semjonova. The company has since established itself as a global leader in the field of data visualisation. Its service is used by 1 million users and there are 1.7 million infographics. Infogr.am website is visited by 8 million unique people monthly.