Kiosked has Raised $5.75 Million in Funding
(Helsinki, Finland) Kiosked, the leading platform for activating brands and rewarding fans, has raised $5.75 million in funding from Kaj Hed, private investors and Tekes, the Finnish Funding Agency for Technology and Innovation. The funding will be used to further accelerate Kiosked’s growth in Europe, the U.S. and APAC and for building a world-class team. Mr. Hed will join Kiosked Board of Directors as Chairman.
“Disrupting and re-shaping any industry is always interesting. Kiosked is the first to connect brands with their online business logic through their content and fans. It is going to create new paradigms that will change the way brands engage with consumers forever”, says Kaj Hed.
“I very much welcome Hed to the Board and I’m certain he will play an instrumental role in building Kiosked global business. We are very proud and I’m confident that his invaluable business experience and vast networks will help us to speed up the execution of our growth strategy. We are looking for top talents as we expect to quickly grow from today’s 30 to 100 employees”, says Kiosked CEO and Founder Micke Paqvalén.
Online marketing and e-commerce are now part of our daily lives, growing annually in double digits, with in-content marketing as a $132 billion market opportunity.
Kiosked is rapidly growing week-over-week. The number of publishers has increased with more than 100 per cent per month during 2012 and the number of Kiosked brands is close to 10,000 with more than 10 million products for sale through Kiosked worldwide. Kiosked has on average 15-20 kiosk visitors per second and in total almost 150 million kiosk visitors. The recent launch campaign with OnePiece, one of the coolest youth fashion brands, has been extremely successful with over 9 per cent click-through-rates (CTR’s).
More Information
Micke Paqvalén, CEO & Founder, Kiosked Ltd, mobile +358 400 396 394, micke@kiosked.com
Osku Lappalainen, PR & Marketing, Kiosked Ltd, mobile +358 40 545 2239, osku.lappalainen@kiosked.com
Press materials: https://www.dropbox.com/sh/tt5us3cg4f9sknm/z9YvtIeok8
About Kaj Hed
Mr. Kaj Hed is the majority owner and Chairman of Rovio / Angry Birds. Mr. Hed is a serial entrepreneur with a broad experience from international software business, for example as Founder of Trema (acquired by Wall Street Systems).
About Kiosked
Kiosked brings instant online shopping to consumers - wherever they are. The new end-to-end scalable sales platform – a Web Wide Shop, enables advertisers to link their offering to relevant impulse-generating content distributed in all content and media. Kiosked has been selected as Europe's best start-up and has recently won many major advertising and design awards. The company is located in Helsinki, St. Petersburg, London and soon in New York. For more information, please visit Kiosked at: www.kiosked.com on Facebook at www.facebook.com/kiosked, or follow on Twitter @Kiosked.
