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VideoPlaza; an online video advertising company based in Stockholm, Sweden has summed up an investment worth €420,000 from Venture Capital firm Creandum as reported on AlarmClock. The participating angels included Henrik Torstensson (VP Business Development at Stardoll) and Magnus Hultman. There are three Swedish companies already lined up as partners to VideoPlaza to provide them wit technology.
The plans for VideoPlaza are to capitalize on their online advertisement and make it big in the Swedish market, the present investment is deemed at gearing up for pulling it big on the online ads and enforcing enough credibility within the home market before they move out of borders.
The team is comprised of five members; CEO, Sorosh Tavakoli (who has background in MMS and leading a research in moving pictures), Product Manager; Alfred Ruth, CTO Dante Buhey, two developers; Andre Fohlin (Flash) and Rouzbeh Delavari (System Developer).
The site has a pretty neat plan at moving up-stream with online ads and we think they have made a wise decision at growing within their home rather than taking a giant leap. They can learn during this time the traits to improve and work around alternatives before they actually make it to the international arena where giant bulls are ready to ‘horn’ beginners.
Videoplaza.se - Online Video Advertising Platform…
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