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September 27, 2006
German Startup Offers P2P Syncing For Outlook Apps
Germany's High Tech Gruender Fund has invested €500K in yet another university startup. This time it is Snyncing.NET Technologies, which sells software for synchronizing multiple PCs and PDAs running Outlook apps. (This is something like the German fund's 25th deal since it started up last year. Its very early stage dealflow is impressive.)
This looks like a neat way to enable syncing without requiring a Microsoft Exchange server to manage it.
The startup is a spinoff of the TU Berlin, which is selling its software - kind of a refreshing concept these days - and tells users to use either Groove Networks or Foldershare for the P2P stuff. It has some customer case studies up on its website, so it looks like the founding team is not just innovative, they can sell too. The only thing is the company name. The way it is now it sounds like the firm plans on sinking .NET, which we are sure it's not. Besides, the pun potential is too rich.
A name change is probably inevitable as it will have to add more products in order to grow to a decent size, or maybe it is planning to sell software to synchronize other applications on other platforms. We didn't get a hold of the founders to find out.
Read - Berliner SYNCING.NET Technologies GmbH wird vom High-Tech Gründerfonds finanziert
Posted on September 27, 2006 09:55 PM | Posted to Early stage | Permalink
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