In 2011, when Caixa Capital Risc invested in social network for businesses and corporations Zyncro, it was an early-stage company that needed capital and expertise to develop and then launch its product on worldwide. CCR’s venture capital backing not only funded product development, but also helped validate the business model with potential customers through trials and assisted with identifying the right target customers. A year later, CCR provided further funding to build sales teams for the company’s ambitious international expansion plans and to improve the management structure.
Today, Barcelona-based Zyncro has a presence in 28 countries in Europe, the Americas and Asia, with its network targeting a broad range of business users from freelancers to multinational corporations, financial institutions and political parties.
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