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Tuesday, June 28, 2022

Linko Raises €1.9 Million, Acquires Berlin-based Localstream

A few pieces are moving with some Finns in Berlin with a new funding round. Linko, a mobile CRM solution based in Berlin with a strong Finnish background, announces $2.6 million (€1.9 million) funding round as well as the acquisition of Berlin-based Localstream, a technology platform that ads location context to web and mobile content. The funding comes from an international mix of angel investors, including Giuseppe DonagemmaPekka Vartiainen, Pertti Melamies, Roberto Condulmari and others.

Linko’s mobile CRM tools allow its customers to freely pick their own mobile and cloud applications to get the job done, but is said to remove the need of manual reporting. Currently the app is running in private beta before a wider release.

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On their homepage, Linko claims to help with everything from finding relavent people to your business for warm intros, real time feeds to company data, and offer tools like sorting contact and task lists to keep relavent stuff front and center.

“We saw a strong synergy between the Localstream technology platform and Linko’s core product. Automated location-aware customer communication data will offer a huge advantage to sales managers who embrace mobile devices as sales tools”, says Mikko Alasaarela, who founded Linko along with Vesa Perälä.

In addition, the executive team behind Localstream seems to be joining Linko, including founders Mark MacMahon and Jilles van Gurp, who previously led the development of some of the core services behind Nokia’s recently rebranded HERE technology platform. In addition, Olga Steidl, former VP of Mobile Ecosystem at Yandex has joined the executive team to lead the marketing, user acquisition and growth.

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