Archives
April 20th, 2006
Elaia invests in Criteo
Paris based Criteo is pleased to announce it has secured 3 millions euros as seed capital from two major venture capitalists, AGF Private Equity and ELAIA Partners.

With 1.3 billion euros under management, AGF Private Equity acts both as a seasoned manager of European funds of funds and as one of the most active French investors in European technology venture capital.
Elaia Partners manages 50 million euros through Elaia Ventures, a FCPR raised in 2003, backed by major financial institutions, corporate investors and family offices.
In a first move, Criteo has demonstrated its unique predictive skills on movies. But Criteo proprietary technology can be applied to virtually any product category. Criteo has the ambition to become the tool of choice for major web merchants or portals willing to boost their sales through real time predictive services. With this new 3 million cash injection, Criteo is willing to expand its reach both in the USA and Europe.