Nosto, a Finland-based online marketing service, has raised $5.5m in its series A round from a consortium including SanomaVentures, the corporate venturing unit of media and learning company Sanoma.
Wellington Partners, a venture capital firm, led the round, which also included Open Ocean Capital and Tekes, Finland’s state-backed innovation funding agency.
Nosto raised $2.8m in its seed round last year from SanomaVentures, Open Ocean Capital and a number of undisclosed angel investors.