Brazilian startup Kekanto has landed a hefty investment.
According to web news platform The Next Web, W7 Brazil Capital has invested US$5.5 million in Kekanto, platform and mobile app that serves as a social city guide where users can discover options and share opinions on restaurants, hotels, bars, activities and other experiences in their areas.
Founded in 2010, Kekanto is based in São Paulo and currently boasts a presence in Brazil, Argentina, Colombia, Chile, Uruguay, Mexico and Paraguay. In 2011, it raised a Series A funding round led by Accel Partners and Kaszek Ventures, the amount of which was undisclosed.
With this latest investment, which marks W7 Brazil Capital’s first deal, Kekanto will seek to improve its platform and technologies and boost its current mark of 10 million accesses each month.