Gmail-helper Kwaga raises $1.5 million, plans expansion
The startup, which automates the extraction of contact information from Google e-mail, is expanding to Outlook and beyond.
Kwaga, a French startup that fixes shortcomings of today's e-mail, has raised $1.55 million in first-round funding.
The company's flagship service today is called. It reads your e-mail and automatically enters contact information into your address book, creating new entries and updating existing ones.
It works today only with Google Apps and Gmail, but the funding will help the company bring it to Microsoft Outlook, too. That service is in beta testing right now.
The funds also will help the company integrate with major customer-relations management (CRM) products.
The funding came from private investors and was advised by Financiere Fonds Prives, Kwaga said.
"This Series A round of funding not only validates our vision but will also enable us to accelerate the marketing of our new innovative services, strengthening our international presence and providing us with the means to become a global player in this tumultuous market," said Chief Executive Philippe Laval in a statement. "Lastly, it will allow us to strengthen this marvelous team that has been with me since the start of this adventure."