May 23, 2017

Yepzon boosts global growth

Yepzon Freedom is a personal safety product combining alarm and tracking functions.
Yepzon Freedom is a personal safety product combining alarm and tracking functions.
Yepzon

Locator and location service developer Yepzon has gathered 1.5 million euros of private capital during a recently completed funding round.

Yepzon’s plan is to use the capital to expand its operations; for example, this summer the company is going to found a sales company in India and prepare for new licensing contracts.

“Yepzon became a technology leader thanks to the new Yepzon Freedom,” says Otto Linna, chairman of the board of directors. “The next step is to become market leaders. We are also targeting new countries and business in the software segment to keep the pace of investment fast.”

Yepzon has caught the attention of consumers both in Finland and abroad, including the Nordics, the UK, India and Germany. Good News from Finland featured the company in 2014.

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