Michel de Guilhermier (CEO Photoways) raises 24 Million euros!

Michel de Guilhermier, originally uploaded by rsepulveda.

Michel has just closed a fantastic round of 24 million euros, the largest to date in France (and we have seen a few in the last weeks) this year, and one of the largest of all times.

Photoways now aims to become one of the top 3 leading online photo printing businesses, globally.

I had a great lunch on Tuesday this week with Michel: you can see that the man shows no tension whatsoever, before his 14 hours marathon on Friday morning for his closing ;) Here you see him holding his beloved Treo, an essential tool in his success, as he replies to email in about 1 min, wherever.

A warm congrats to Fergal from Highland Capital Partners, and to the team at Index Ventures in Geneva! You are setting very visible footprints in the European entrepreneurial and VC scene ;) Looking forward to the next deals...