AAA February 2013 – Page 3

Crealytics raises €5m

Crealytics, a Germany-based maker of the Camato search engine advertising technology, has raised about €5m ($7m) in its third round from a consortium including state and corporate-backed early-stage investment firm High-Tech Gründerfonds (HTGF). Alongside HTGF as a repeat investor in Crealytics, were venture and state investment firms Bayern Kapital, LBBW Venture Capital, and Mountain Super… Continue reading Crealytics raises €5m

Stuffle hawks its $700,000

Stuffle, a Germany-based second-hand market, has closed its second round at €500,000 ($700,000) eight months after being launched. Tim Schumacher, founder of SEDO, invested at least €100,000 just before state and corporate-backed early-stage investment firm High-Tech Gründerfonds (HTGF) acquired a minority stake in Stuffle.

Smarchive searches out T-Venture

Smarchive, a Germany-based document filing system, has raised a “seven-figure” investment from a consortium led by T-Venture, the corporate venturing unit of Germany-based phone operator Deutsche Telekom. The other investors were financial services comparison website Check24 Vergleichsportal and angels, including Birgit Ströbel, co-founder of Germany’s biggest online real estate platforms, Immobilienscout24. Steffen Reitz, Fabian Stehle… Continue reading Smarchive searches out T-Venture

Drawbridge falls at Northgate

Drawbridge, a US–based provider of mobile advertising using data collected from personal computers, has raised $14m in its series B round from a consortium including Northgate Capital, which led the round as a new investor. Northgate, which is majority owned by India-based financial services group Religare Enterprises, was joined in Drawbridge’s consortium by venture capital… Continue reading Drawbridge falls at Northgate