Socialwave, an etventure startup, has achieved a milestone by successfully securing funding and receiving a high six-digit investment package. The financial backers included well-known investors from the Swiss business angel club “Angel Gate.” Some of the funding also came from etventure.

Munich-based startup Socialwave, a provider of professional hotspot solutions for retailers, hotels and restaurants, was founded within etventure GmbH in 2013. The startup now has a client base of over 1,000 companies, including franchises of the well-known supermarkets Rewe and Edeka, Segafredo and the Enchilada group (dean&david). With the successful completion of this funding deal, Socialwave is not only seamlessly continuing its success story, it is also forming the basis for further growth and the further development of its own technology.

Lead investor Christian Legros, a member of the Angel Gate business angel club, has experience of structuring numerous well-known companies. Dr. Cornelius Boersch, Founder and Managing Director of the global venture builder “Mountain Partners,” Matthias Hunecke, Founder of Brille24.de and Thomas Bank, Co-Founder and Managing Director of various startups are also contributing to the funding. Last but not least, etventure is also part of the group of investors in the form of its Founder and Managing Director Philipp Depiereux.

The fresh capital is earmarked for the further development of Socialwave’s services, particularly for the area of offline analytics, as well as for the company’s continued growth. The press release (in German) about this funding provides more information.

The deutsche-startups and Startup Valley websites have already picked up on this news about the investment in Socialwave.