T-Ventures, the venture capital arm of Deutsche Telekom, has led a $23m round of series C financing into ShareThis, a creator of social sharing buttons for websites. The round also saw involvement from venture capital firms Harbourton, Blue Chip Venture Company, Draper Fisher Jurvetson, Illinois Ventures, Matthew Pritzker Company, Mercury Fund and RPM Ventures.
Bernhard Gold of T-Venture will now join ShareThis’ board.
As well as the new funds, ShareThis has also announced it has acquired Socialize, a creator of technology for app developers.
Kurt Abrahamson, chief executive of ShareThis, said: “We have a fairly large distribution of tools, so Socialize was partially about distribution in the app space, but it was primarily about finding a really strong team that had mobile a little bit more in its DNA”.
ShareThis has now raised a total of $54m in funding which includes $6m in series A funding in 2007 and $15m in a B round in 2008.