Virtuo Raises 20M Euros in Series B Funding

French car rental start up Virtuo closed out its Series B funding round, raising 20 million euros ($22,577,440), Tech Crunch reports.

Virtuo, headquartered in Paris, operates in France, Belgium, and London. The group has plans to expand in the U.K. this year, and extend its operations to Spain and Germany.

The money raised in this latest round of funding, led by Iris Capital, Balderton Capital, and Raise Ventures, will be used for Virtuo's expansion plans.