« France's Gostai Invents Robot Programming Tool - Seeks Funding | Main | Business Objects Acquires VC-backed Cartesis »
April 23, 2007
Bertelsmann Investing In Ventures Again
Bertelsmann, the German media giant, has started investing in Internet startups again. During the last venture cycle its VC arm was at one point one of the biggest and most prolific investors - but that's another story. This time around, it seems intent on co-investments with experienced VCs, mainly.
It doesn't do much PR so we had to dig to get a round up of recent deals - listed here:
Intent Media - $10M round in US-based digital distribution platform. Co-investment announced last week.
Emotive - US-based ringtone developer for 3G, 4G and VoIP services announced last week. Co-investment.
Exit Games - co-investment with German VCs in a German gaming engine and platform provider, announced last month
UITV - an IPTV provider. Beijing-based, a coinvestment with bigname US VCs
Bloomstreet - German youth social network run by w/ritemedia. Check out the pic below - how many startups that are less than a year old have a rack like that?
Posted on April 23, 2007 05:18 AM | Posted to News And Updates | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/4272
