socialmedian: 1,2 million euros for Aquafadas and its digital comic solutions Ave!Comics

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1,2 million euros for Aquafadas and its digital comic solutions Ave!Comics

Source: TechCrunch

Nov 03, 2009

Summary

[France] The list of last week is already obsolete, and that’s great! French company Aquafadas has announced having raised 1,2 million euros with Credit Agricole Private Equity and Soridec.

Aquafadas started its activities by creating several Mac software for facilitating the use and operations with pictures or videos : create Flash banners with pictures for blogs or websites, create powerful animations with picture or videos, organize your media library, etc. Business model for these software is “old school” : you can download a demo for free and then buy the full software. I would say Mac users are more into buying software than PC users, especially this kinf of soft. Aquafadas made in 2008 580k euros turnover, and have now 40 employees.

The fundraising was not made to develop this software activity of Aquafadas, but their product called Ave!Comics , a solution which allows comics to be adapted for use on mobile phone screens and on computers. Logically after their software activities, they concentrated on iPhone apps and they now have several comics availabl