Mobile Travel Technologies Raises US$5m from DFJ Esprit

13 June 2012

Mobile Travel Technologies Raises US$5m from DFJ Esprit

The Irish office of international law firm Maples and Calder (“Maples”) is pleased to announce that we recently advised DFJ Esprit on their US$5 million investment in Dublin’s Travel Technology specialist, Mobile Travel Technologies (“MTT”).

Commenting on the deal, Colm Rafferty, partner and head of the venture capital and growth company practice in Maples and Calder, said, “We are delighted to have advised DFJ Esprit on their investment in MTT. We have built a strong practice having advised on a number of significant deals in this sector in the past few years. We look forward to working with DFJ Esprit again in the near future.”

Brian Caulfield, partner at DFJ Esprit, said, “With the unique combination of its cross-device mobile app platform, and deep knowledge and experience of the travel technology sector, MTT has the potential to be an Irish-based, world leader in m-commerce for the travel community. Working with Colm and his team on this deal ensured that we had best in class advice on what was a significant investment for us.

Please see the attached for further information.

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