Mobaro raises DKK 20M from Vækstpartner.

Mobaro, an Aarhus, Denmark-based company providing software solutions for retail and amusement parks, raised DKK 20M ($3M) in fresh equity funding.

The investor of the round is Vækstpartner Kapital and the money will be used for adding more people in the team, open up new markets and establish in the already existing ones.

Mobaro, founded by Henrik Garden, Jens Holm-Møller and Christoffer W. Borup, develops software providing intelligent mobile management and optimisation solutions for the international retail and amusement park industries.

Prior to this investment, Mobaro received seed funding from angel investor Ditlev Bredahl.