Cint Raises EUR 6.9m to Aid Expansion

Panel exchange operator Cint is looking for further expansion with the help of EUR 6.9m ($9m) raised from its existing owners, Prime Technology Ventures and Nordic venture capital firm Creandum.

Cint is headquartered in Stockholm, Sweden and has offices in major cities across Europe, North America and Asia Pacific. Through its OpinionHUB SaaS platform, the firm offers access to more than 7.5 million people in 50 countries, recruited through 500 different panel owners.

In 2010, Prime and Creandum invested $13m (c.EUR 9.9m) in Cint, which the company has since used to expand the business geographically, extend its product portfolio and strengthen its team. According to Cint, the latest funding will enable enhancement of its current products, while providing the resource to develop 'future-needs' solutions.

Founder and CEO Bo Mattsson (pictured) says the continued investment 'is a clear sign that the market is picking up the self-service solutions that we offer'.

Web site: www.cint.com .