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November 30, 2006
WiredMinds Funded by Creathor
Stuttgart-based WiredMinds, a web analytics software company, has raised an undisclosed amount of financing from Creathor, the Bad Homburg-based VC. Readers might not recognize Creathor. Although it is a farily new name and is in the process of fundraing, it was established by Gert Köhler who has a long track record in German VC. Köhler was a co-founder of Technologieholding in the late eighties, and he stayed on until 2003 after 3i acquired it in 2001. (He was one of the first VCs your a:c euro correspondent interviewed almost 9 years ago.)

Back to the present. WiredMinds, which is located in Stuttgart (HQ image right), has an established business based on it its newfangled pixel-based click tracking technology for portals and ecommerce sites that it sells using the SaaS model or by licensing (so-called source licensing). But the new money is to develop its MindSuite product , which we couldn't find on its website. In a statement, the firm said it is targeted at enterprises running web services and integrated applications (like CRM)
WiredMinds has been through the bubble and back, originally founding in 1997, and appears to have been restructured in 2003 to focus on its click tracking software.
Read - Creathor Venture invests in WiredMinds (creathor press pdf)
Posted on November 30, 2006 12:43 PM | Posted to News And Updates | Permalink
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