5th February, 2007 — 24access Solutions B.V., a provider of solutions that enable a two way connection between a PC and a mobile device, announced today that it has closed a Series A round of financing, led by Big Bang Ventures and Solid Ventures, with the participation of some high profile private investors. 24access will use the funds to accelerate its market penetration and international expansion.
24access’ solutions give consumers complete freedom to access any content from any mobile handset through any provider. In particular, the system has been designed to allow consumers to access any content stored on their PC, such as photos, audio and video. In addition, consumers can even access streaming content on their mobile phone such as webcams, live radio and television via their PC.
Headquartered in the Netherlands, 24access will use the funds to expand its international presence and to further develop its channel partners including mobile operators, handset manufacturers and other distributors. 24access will also tap into its new investors’ network with the international telecoms and internet communities.
Frank Maene, Managing Partner of Big Bang Ventures said: “We have a great deal of faith in the business acumen of the management team. 24access’s product impressed us by its ease of use, feature set and the breadth of supported handsets. We believe it will play an important role in the global mobile entertainment markets.”
Arjan Dost, Founder & CEO of 24access commented: "This round of funding from our investors highlights the significance of the innovations we are bringing to the global market. Our investor partners have recognized the major opportunity that exists for us as we develop internationally. ”
Founded in 2004, 24access Solutions is a developer of two way PC to Mobile Place Shifting solutions. The 24access solutions enable a two way connection between an online PC and a mobile device.
24access Solutions delivers support for more than 100 different wireless handsets. The 24access solutions are all built upon the concept of building secure and easy to install software for everyone to use.
About Big Bang Ventures
Big Bang Ventures invests in early-stage companies in the information and communication technology sector in the larger Benelux region. Formed in 2000, the fund has over € 40 million under management. Big Bang Ventures leverages its extensive operational experience to actively support startups realize their growth ambitions. Past investments include DataCenterTechnologies (sold to Symantec); Dedigate (acquired by Terremark) and Clear2Pay, a leading payments technology company.
About Solid Ventures
Solid Ventures invests in innovative high growth companies in the following market segments: Internet, Telecom, Software and Digital Media. Its track record of successful participations includes: Scarlet and Versatel (Euronext:VRSA), Oxxio (LSE:CNA), ITMasters (NYSE:BMC), DataCenterTechnologies (NASDAQ: SYMC), Dedigate (AMEX:TWW).
Solid Ventures is funded by several informal investors with a background in ICT/Media and Venture Capital, as well as TechnoPartner.