MARFEEL was founded in 2011 by Xavi Beumala and Juan I. Margenat. MARFEEL’s technology automatically turns any publisher’s or media website into the best solution for their mobile strategy. MARFEEL has announced today the closing for a Series A financing round of $2M, let by Nauta Capital, Elaia Partners, BDMI and existing investor Wayra.
MARFEEL is the best mobile reading experience, which is already in use by the majority of media and publishers in Spain. MARFEEL’s disruptive technology and innovation have made the company really successful across the European tech scene: winners of the VI SeedRocket Campus in Madrid in December 2011, were later accepted into the Wayra Accelerator in Barcelona in March 2012, winners of TechCrunch Barcelona MeetUp and is now one of the 16 finalists of TNW Startup Rally taking place in Amsterdam on April 26th.
The company has over 4 million readers and over 100 million pageviews. These figures have turned clients such as Expansion, CincoDias, Vozpopuli, Sport, Publico.es, El Periodico or Gala.fr into loyal fans.
MARFEEL will use the funds provided in this round to speed up and consolidate the development of its technology for tablets and smartphones. It also aims to start its international expansion by hiring a skilled salesforce and investing in marketing activities.
Xavi Beumala, co-founder & CEO of MARFEEL, says: “We are really excited with the quality of the international investor syndicate that have decided to support Marfeel in this financing round. They have a substantial knowledge of the digital publishing space across continents, and will be able to support the company as we face the opportunities provided by a global market under massive expansion.”
Juan I. Margenat, co-founder & COO of MARFEEL, added: “We are achieving previously unknown results in MARFEEL, not only in the closing of new clients but also in their satisfaction. They are really thrilled with the metrics that our platform delivers. These figures, together with the investment raised, make us really optimistic on the times ahead. We are confident that our international expansion will make our company a reference point in the global mobile ecosystem.”
Xavier Lazarus, partner at Elaia Partners, said: “Marfeel is the kind of company that addresses a universal problem and tackles it in a powerful and smooth way. Online content publishers have been struggling too much with smart-phone or tablets versions of their existing web sites and have had to heavily invest in mobile apps. However, in most if the cases, mobile audience and ad revenues are currently too low for achieving strong profitability. Marfeel solves this by providing a comprehensive cloud solution to instantaneously create a mobile version of any content based web site, without any integration or specific development and offering a reading experience as smooth and easy as in apps. We just couldn’t miss the opportunity to fund them! ”
Originally published on May 7, 2013.
