Orange Digital Ventures Invests In Four Start-ups

(RTTNews) - Orange Digital Ventures announced the acquisition of capital in four new start-ups. They are DataMi, KissKissBankBank Technologies, Veniam and Wevr.

DataMi provides advertisers, businesses and service vendors with a solution that allows them to increase visibility around their products and services on mobile sites and applications, while funding end users' mobile data consumption.

Orange Digital Ventures participated in a fund raising round of 10 million dollars, that will allow DataMi to finance its growth on all continents, particularly in areas of rapid growth in terms of adoption of the mobile Internet, with the aim of becoming a leader in smart mobile monetisation.

KissKissBankBank offers individuals the possibility of helping artists or young designers finance their projects in exchange for non-financial compensation.

Orange Digital Ventures is the lead investor in a programme to raise 5.3 million euros in KissKissBankBank alongside Xange and private investors.

Veniam combines the deployment of very high-speed Internet and smart city services in a new "Internet of objects in movement" concept. Orange Digital Ventures, alongside Verizon Ventures and Cisco, participated in a 22 million-dollar fund raising round. Veniam will be able to expand its concept to every continent, and particularly in London, New York and Singapore.

Wevr has developed a video-hosting platform for virtual reality (VR), which gives content creators the possibility of distributing and monetising their virtual reality experiences.