# Top 50 Social Media VC (Venture Capital) Funds in Spain in May 2026

## Reus Capital Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Information Technology, Social Media

Fondo de capital riesgo familiar especializado en startups digitales en fase semilla. Somos un Super Business Angel | Reus Capital Partners.

## JME Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

JME Venture Capital is an early-stage investment fund based in Madrid and Barcelona. The company was established in 2009 and is based in Madrid, Spain.

## Kibo Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, E-Commerce, Mobile

Kibo Ventures, based in Madrid (Spain) is a VC Fund focused on early-stage investments in digital companies. Kibo Ventures manages $130 million from a mix of institutional and private investors, including IEF, Telefonica, the Spanish Government (through CDTI), Mutua Madrileña (Spain's largest insurance company) and Axis (ICO's 25year-old private equity arm).Specifically, Kibo likes to invest in companies which combine exceptional and committed teams, aiming to digitalize a product or service in a big-enough market with international potential. Kibo is managed by an experienced team of professionals with a solid track record, who are actively involved in the companies in which they invest. Kibo follows a stage-investment approach and financially supports portfolio companies as they grow, whilst promoting co-investment from valuable investors.

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Debt Financing, Pre-Seed
- Focus: Software, Health Care, Information Technology

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

## Cabiedes & Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, Fashion

Cabiedes & Partners is a Spanish venture capital firm that provides seed funding and early-stage and later-stage investment services.
Cabiedes & Partners was founded in 2009 and is headquartered in Madrid, Spain.

## Lucid Blue Ventures
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Blockchain, Gaming, Cryptocurrency

Lucid Blue Ventures operates as a venture capital firm.

## TheVentureCity
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Our ticket size ranges from $100-500k for Pre-seed/Seed and $1-4M for Series A companies. We're in search of promising-founders with product-driven mindsets who have a passion for building. Those who've fallen in love with data. For we believe in fit---both product and with the team here. Got a great idea? Come to TheVentureCity and give it the expertise to help it grow.

## Bright Capital
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 2
- Stages: Series A, Series D
- Focus: CleanTech, Social Media, Energy

Bright Capital is a venture capital firm, notable for its merchant venturing approach and global reach thought the firm was originally based in Moscow, Russia. Bright Capital invests in a broad range of breakthrough and disruptive technology companies. It built its portfolio in the energy, cleantech, efficiency, water, advanced materials. It alsoinvests in TMT (telecom - media- technology) sector through its Digital fund.

## GP Bullhound
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: Software, E-Commerce, Internet

Since 1999, GP Bullhound has invested in and advised brilliant leaders. Powered by more than 180 employees across 13 offices worldwide.

## Shortcut Ventures
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: FinTech, Social Media, TV

Shortcut Ventures is a German venture capital enterprise created by founders for founders. The main focus of Shortcut Ventures investment strategy is on international startups specializing in the fields of internet, mobile, games, and social media. The company mainly invests in startups that are in the early growth stages. Along with the financialsupport, firms in the portfolio are also provided with access to founder knowledge and know-how.Shortcut Ventures is managed by Dirk Freise, Martin Ostermayer, and Thorsten Rehling, entrepreneurs and founders of multiple companies such as blau.de and handy.de. The enterprise’s main investor is the Dutch telecommunications corporation, KPN.

## Grupo ItNet
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Internet, Apps, Legal

Grupo ItNet is an internet business incubator that focuses on investments in various areas, including e-businesses in the digital and game leisure sector. It also finances early-stage digital startups.Grupo ItNet provides its clients with other services such as mentoring and networking for its investments. It was founded in 1996 by Carlos Blanco.Grupo ItNet is headquartered in Barcelona, Catalonia.

## Avalanche
- Type: VC Fund
- Location: Brooklyn, New York, United States
- Relevant deals: 2
- Stages: Seed, Grant, Series A
- Focus: Cryptocurrency, Blockchain, Gaming

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.

## 101 Startups
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Internet, Mobile, Software

101Startups is an investment firm based in Spain that specializes in early-stage startup companies.
The company is an investment fund which aims to invest in early stage digital and new technology companies.

## Flori Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: Blockchain, FinTech, Cryptocurrency

More than a seed-stage fund and a portfolio of startups: Our community of founders taps into the power of financial innovation to collaborate around global problems and unlock prosperity for all.

## Caixa Capital Risc
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Biotechnology, E-Commerce

Caixa Capital Risc (CCR) is the VC arm of CriteriaCaixa which invests in innovative companies in their start-up and growth stages. The company has three specialised teams in the areas of Information Technology, Life Sciences, and Industrial technologies.
Caixa Capital Risc currently manages more than €300m through 11 specialised vehicles.

## Lanai Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Angel
- Focus: FinTech, Software, E-Commerce

Lanai Partners is an angel group that invests in digital startups in Spain. The company partners with business leaders that specialize in different areas of expertise to analyze all type of industries and create the maximum value their investments.
Lanai Partners was founded in 2016 and is based in Barcelona, Catalonia, Spain.

## Nauta Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, SaaS, Mobile

Nauta Capital is a Venture Capital firm investing in early stage technology companies. Main areas of interest include B2B Software propositions, disruptive Digital Media companies, and enabling technologies for Mobile and the Internet. Nauta has over €300 million under management and invests across Europe. Nauta operates from London (UK), Barcelona(Spain) and Munich (Germany).

## Halvings Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Gaming

Halvings Capital is to invest in crypto projects with lots of potentials, before anyone else.

## G20 advisors
- Type: VC Fund
- Location: Zug, Zug, Switzerland
- Relevant deals: 2
- Stages: Seed
- Focus: Gaming, eSports, Blockchain

G20 advisors is a Zug-based investment advisory firm.It is focused on investment and advisory services in foreign exchange, equities, precious metals, futures, fixed income, and commodities. The team is composed of individuals with extensive buy-side and proprietary trading experience.

## squares capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Gaming, eSports, Blockchain

Squares Capital is a company where diversified talent matches a disruptive collective vision. Unlike many traditional venture capital firms, we build collaborations, partnerships, alliances and advise promising start-ups, growing them into highly attractive projects for the crypto space. We take an active approach to our investments by utilizingour experience, giving the most optimal strategic advice and guidance that leads to shortcuts for the optimal path to success.

## Oracles Investment Group
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Gaming, Cryptocurrency

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## Poolz
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Cryptocurrency, Blockchain, Gaming

Poolz is a decentralized swapping protocol offering blockchain startups the ideal package of services, including tech, investors, and influencers, to manage their listing process successfully on the Poolz D’app.

## Wayra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense.

## Shima Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Gaming

Shima Capital is an investment fund that focuses on supporting cutting-edge blockchain startups. The firm is headquartered in San Francisco, California, United States.

## GSR
- Type: VC Fund
- Location: Wan Chai, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

GSR is the global leader in crypto trading and market-making. We specialize in providing liquidity, trading and risk management solutions.

## b2venture (formerly btov Partners)
- Type: VC Fund
- Location: Saint Gallen, Sankt Gallen, Switzerland
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Health Care, Information Technology

Btov Partners is a venture capital firm focused on early-stage investments in digital and industrial technology companies. With investment teams in Digital and Industrial Tech, Btov invests EUR 50m per year in high-growth companies with ticket sizes from EUR 0.25m to 3.5m.

## All Iron Ventures
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Internet

All Iron Ventures partners up with bold founders promoting innovative startups. We mainly invest in the early stages of European companies that aspire to reshape the future of both consumers and enterprises through technology. We at All Iron Ventures have been and continue to be entrepreneurs. We know what it is to be a founder and empathize withthe challenges our partner founders face. We put our resources and experience creating, scaling and selling companies at their disposal to help them take their projects to the next level. Based in Bilbao, Spain, and with approximately €110Mn under management, All Iron Ventures was promoted by the founders of Ticketbis, a global marketplace sold to eBay in 2016, in what is one of the main success stories in Spain’s startup ecosystem.

## BeGreat
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Social Media

BeGreat is a company that provides restaurant services.

## SODENA
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 1
- Stages: Debt Financing, Seed
- Focus: Biotechnology, Health Care, Software

SODENA is the main instrument of the Government of Navarre for the business development of the region. SODENA carries out its activities as a public limited company, with a majority direct shareholding of 65.42% by the Government of Navarre, and an indirect participation through Nafinco (14.58%). It also participates in the shareholding of GrupoCorporativo Empresarial Caja Navarra (20%), through TME 2001 CorpCan, S.L.

## Big Sur Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Internet

BSV invests early, commits personally and team up with exceptional founders to help build extraordinary companies. What we do: Seed Phase, Technology Based & Investments.

## 4Founders Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, Financial Services

4Founders Capital is Venture Capital fund, founded in Barcelona in 2017 investing in high growth technology companies with a clear focus on profit generation, efficient use of capital and with solid teams.4Founders Capital is promoted by Jesús Monleón, Marc Badosa, Javier Pérez-Tenessa and Marek Fodor. 4Founders team's international DNA andextensive experience as Founders and CEOs of successful technology companies allows to assist entrepreneurs and maximize their chances of success to build high impact global technology businesses.We are interested in projects with solid teams, which aim to create large international companies, with a market-tested superior product or service, and a clear revenue and profit generation model. Companies are not required to be in break-even.We invest anywhere from €100K in early stage investments, and typically bring co-investors with us to increase that amount. We do follow-ons for up to €4M per company over the lifetime of our investment.

## Vast Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Health Care, Software, Advertising

Vast Ventures they invest in consumer brands, AI and cloud software, and more.

## Launch Code Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering, Series A
- Focus: Blockchain, Cryptocurrency, Ethereum

Crypto investment fund specializing in high impact digital startups that can enhance and deeply integrate into the cryptocurrency ecosystem.

## COREangels
- Type: VC Fund
- Location: Ílhavo, Aveiro, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Information Technology

Where startups can get much more than money, and Investors can professionally invest as angels.

## Qualitas Equity Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Series A, Private Equity
- Focus: Solar, Health Care, Information Technology

Qualitas Equity Partners is an investor-oriented fund management company based in Madrid, Spain.

## Market One Capital
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Internet, Information Technology, E-Commerce

Market One Capital | Seed fund empowering marketplaces and network effects platforms across Europe

## Lánzame Capital SL
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: FinTech, Information Technology, Software

Lánzame Capital is a pledge fund in Spain that invest in startups. Lánzame is promoted by a group of investors who work in different economic and business areas with many years of experience in different sectors.

## Nucleus Adventure Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Apps, Finance

Born out of decades of friendship and investing, NAC was created to identify and support ground breaking innovation in the pursuit of a better world. We invest early and quickly, build relationships with founders and love to get our hands dirty to help our partners achieve their goals.Our fundamental investment philosophy has two tenets:1) Webelieve that identifying and investing behind change - especially fundamental shifts in how the world works or what is possible - is key to capturing exponential returns2) We believe that while early-stage investing can appear to be little more than random to the casual observer, subject matter expertise properly applied to evaluate uncommon opportunities tilts the power law in our favorAs a result we like to stick to our knitting: we have had success and we continue to find incredible opportunities to work with smart and driven executive teams operating in markets that are going to be big in the consumer-touching space.Our approach is deliberately sector and vertical agnostic, and we've invested in businesses ranging from IoT to ice cream to space tourism to secure crypto wallets (and everything in between) but we believe our best investments come when we can understand the impact on the person at the end of the value-chain and what it's worth to them, and that the combination is much, much bigger than the market understands.We evaluate hundreds of opportunities annually from sources public and private: private placements, portco spinoffs, syndicates, friendly VCs, accelerators, founder referrals, and plain old fashioned networking and shoe leather.We look for the combination of a team + product that is positioned to win the future as well as an access + opportunity that we believe gives asymmetrical upside - and then look to share the best of the best with partners who can contribute more than just capital.

## ESADE BAN
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Software, Internet, SaaS

ESADE BAN is a Barcelona-based business angel network that works to advance entrepreneurship and investments in Spain.

## Nekko Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Travel, Internet, SaaS

Nekko Capital, a Barcelona-based Venture Capital firm aimed at investing in scalable early stage digital transformation companies led by outstanding teams with global ambitions and excellent execution capabilities. Nekko Capital has offices in Barcelona, London, Madrid & Paris.

## Molten Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Information Technology, Financial Services

Molten Ventures - previously Draper Esprit - is the first European tech-focused VC not tied to five-year cycles. We back brilliant teams with global ambition. You in?

## Sabadell Venture Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: Software, E-Commerce, Internet

Sabadell Venture Capital's main purpose is to support entrepreneurial Spanish projects during their initial stages (Seed and Early Stage). They want to be the financial partner of the startups and to be part of its innovative and transformative projects. They add value to the company through the different stages of its growth. Banco Sabadellis defined by its entrepreneurial spirit: “A bank by entrepreneurs, for entrepreneurs, helping entrepreneurs".

## Draper B1
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Internet

Our mission is to help entrepreneurs who are innovating and transforming the way we live and work.

## Clave Mayor
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Medical

Clave Mayor is a management company of closed investment entities based in Navarra.

## Civeta Investment
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Angel, Grant
- Focus: E-Commerce, Marketplace, Apps

The Civet is a mammal small, omnivorous, with excellent hearing and vision and very prolific . Inspired by these characteristics a business group of the Internet world came together in 2013 to bring these features to the Internet investment.Civet Investment SA is a company established in March 2013 with the objective of investing in technologystartups. They seek investments with high growth potential where they can bring something more than capital: What they call Smart Money or Smart Money.Thanks to the experience of their founders and members of the board, try their entrance as partners in a company contribution experience, advice and support arising from synergies between projects which they are partners.They can consider Civet Investment SA as a Business Angel Association, where they seek to grow periodically to accommodate more members and more investment.

## Encomenda VC
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, FinTech, SaaS

Encomenda is a Venture Capital specialized in seed investments in technology startups. They open the door to investors and professional business angels to capitalize on their investments through collective investment vehicles. They minimize investment risks thanks to the diversification of the portfolio and preferential access to the best projectsin search of financing.

## Santander
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Debt Financing, Seed, Series A
- Focus: Financial Services, FinTech, Software

Our purpose is to help people and businesses prosper. We strive to make all we do Simple, Personal and Fair.

## Bigcoin Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A, Private Equity
- Focus: Blockchain, Gaming, Cryptocurrency

Bigcoin Capital is an investment firm.

## Keiretsu Forum Spain
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Software, Blockchain, Social Media

Keiretsu Forum is the largest international association of private investors, con 19 sedes en EEUU, Europa y China, y más de 2.000 Miembros que han invertido 200 M$ en más de 250 empresas. Proporciona a sus Miembros Inversores una plataforma en la que relacionarse y encontrar oportunidades de invertir entre 100k€‚ y 1.000k€‚ en empresas de altopotencial de crecimiento, de todos los sectores (tecnología, energías limpias, ciencias de la salud, productos de consumo, etc.) Desde su fundación en España en el 2008, en Barcelona y Madrid sus Miembros han invertido 5.100k€ en el capital de 17 empresas innovadoras presentadas en los Foros.Keiretsu Forum was established in San Francisco, in September 2000, initially to provide Californian private investors with a professional organization for networking and investment opportunities. “Keiretsu” is a Japanese term that defines a group of company members with a common objective.At present, Keiretsu Forum is an international network of territorial associations that has over 800 associated investors, and with 18 local headquarters, in the US (Boise/Sun Valley, Bellevue/Eastside, Denver/Rockies, East Bay, Orange County, Los Angeles, San Diego, San Francisco, Seattle/Northwest, Silicon Valley y Westlake Village/Ventura), in Beijing (China), London (UK), Paris (France) and Barcelona and Madrid (Spain).Keiretsu Forum defines itself as an international association of private investors, of business leaders and entrepreneurs, who organize themselves into a capital forum to finance small and medium growing enterprises.Its members attend regularly presentations, in restricted forum, on business investment opportunities previously identified and chosen by Keiretsu Forum professional staff. Thereafter members are free to invest in the companies of their choice.

## Telefonica
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, SaaS

Telefonica, S.A. operates as a diversified telecommunications group that provides fixed line and mobile telephony services.Telefonica wants to enhance people's lives and the performance of businesses as well as the progress of the communities where they operate by delivering innovative services based on information and communicationstechnologies.
The company operates in 24 countries and its total number of customers amounted to 315.7 million.Telefónica has one of the most international profiles in the sector with more than 77% of its business outside its home market and a reference point in the Spanish and Portuguese speaking market.The Group stands in seventh position in the sector Telco worldwide in terms of market capitalisation the 1st as an European integrated operator and in seventeenth position in the Eurostoxx 50 ranking, composed of the major companies in Europe (March 31st 2013).Telefónica is a listed company. It has more than 1.5 million direct shareholders. Its capital traded on the continuous market on the Spanish Stock Exchanges (Madrid, Barcelona, Bilbao and Valencia) and on those of London, New York, Lima and Buenos Aires.In Latin America, Telefónica gives service to more than 212.4 million customers as of the end of March 2013 becoming the leader operator in Brazil, Argentina, Chile and Peru and has substantial operations in Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Puerto Rico, Uruguay and Venezuela. In Europe, on top of the Spanish operations, the Company has operating companies in the United Kingdom, Ireland, Germany, Czech Republic and Slovakia, providing services to more than 102.7 million customers as of the end of March 2013.

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