Day One makes its first investment in software company Flan-Tech
Hungarian venture capital fund Day One has successfully completed its first investment with a EUR 250,000 funding of Flan Technologies. The target company develops online tools for the media industry.The investment is the first one since Day One launched their first fund in 2011. The company provides real-time data analysis tools such as user generated data for editorial staff and campaign management tools for the marketing department. Day One is Hungary's very first home-grown VC company, while Flan Technologies is also currently owned by domestic entities. The VC firm's management consists of highly experienced individuals from the electronic media and advertising industry.Read more »