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July 13, 2007
Neuhaus Funds Verwandt.de To Cross Borders
We heard from Neuhaus Capital today that it has invested in verwandt.de, a young site that helps you find members of your family and to create a family tree. We heard about it a few weeks and remember reading the only negative comments were about its limitation to Germany. It is pretty rare for anyone in Europe or North America and beyond these days to have all their family in one country.
It got great press coverage and after two weeks online some 220,000 profiles were set up.
Now with Neuhaus on board, the startup will get the money to move beyond their original focus on the German-speaking market.
It has a nice map feature that lets you type in a family name and see the whereabouts of perhaps long lost relations. We didn't have enough time to explore the source of the name data.
There is no word yet on how this will make money, but if it keeps growing at this pace it will find it one way or the other.
Read- Aannouncement in Verwandt.de blog
Posted on July 13, 2007 04:13 PM | Posted to News And Updates | Permalink
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