Closed on August 28th 2012, the round was led by a group of Business Angels from Europe and Latin America with significant telecoms expertise. Among them, Skysites is pleased to welcome Dominique Valentiny as Board Member and full time CEO. Dominique is a very experienced mobile telecom entrepreneur and independent investor since 2008. Two other key investors are Joan Giacinti, Founding Chairman of the Sofratesa Group (a Latin America-focused high-tech transport and telecom infrastructure company) and Ricardo Sacramento, ex-CEO of Brasil Telecom GSM who also joined Skysites' Board of Directors. In addition, David Barioni Neto, ex-CEO of TAM, joined the Skysites Advisory Board and brings extensive property owners relationship and service industry expertise.nnThe Brazilian site market is expanding aggressively due to mobile capacity and coverage shortfalls, strict site roll-out targets by the Brazilian regulator and the upcoming showcase events of the next World Cup and Olympics. With more than 600 commercial properties already signed (and over 17,000 sites in negotiation) and facing demand for more than 10,000 new sites a year from Brazilian mobile operators, Skysites is ideally positioned to become the leading Brazilian urban site provider due to its uniquely experienced management team, signed property portfolio and funding.