Finnish start-up Happeo, a provider of intranet services for companies, is preparing to enter Romania, with an office in Cluj-Napoca, for which it has already started recruiting, according to Romania-Insider.com.
The company has attracted USD 12 million in a Series A financing round led by investment fund INKEF Capital. It will use the money to accelerate product development and expand its teams in the Netherlands, Finland, Romania, and the US, Profit.ro reported. Before this round of financing, the company was valued at USD 32-48 mln, according to Dealroom data.
Happeo spun off from Finnish cloud solutions provider Gapps in 2017. Last year, it started to test the Romanian market for expansion.
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