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November 13, 2007
German Web Investment Roundup
We're catching up on recent early stage deals in Germany's Web world.
Adscale
German text and banner ad network startup, Adscale, has raised an undisclosed amount of early stage financing from Holtzbrinck Ventures, along with the European Founders Fund and business angels, Oliver Jung and Lukasz Gandowski.
Just selling and serving ads for all the web projects these four investors have would probably be enough to keep this startup in business for a while. For US readers, if you know Adbrite, then you will know what Adscale is like.
Adscale is currently selling text and banner ad campaigns that run on websites with 100 page impressions up to 500K page impressions a day. It launched in September 2007.
Weblin
The company's platform lets users create an avatar to surf the web together (formerly Zweitgeist which we covered a while ago) has received a strategic investment of an unidisclosed value from T-Online Venture fund. Its other investors include High-Tech Gründerfonds, and Swiss-based Mountain Partners.
Youmix
IBB Beteiligungsgesellschaft (state-backed fund), along with seed stage investors Mountain Partners, Tiburon, T7M7 and Oliver Jung, and YMC, a content management system vendor out of Switzerland are providing financing for Youmix, a platform for bands and fans. Youmix launched "Project Famous" which offers every band that successfully invites 5K people to the platform (directly or through a Flash widget provided by Youmix) gets funding for their first record.
Looking at the logo - could it be a red sofa trend next?
Townster
We eyeballed a PR from this local search startup announcing it almost raised finance. That was a first.
[via deutsche-startups.de]
Posted on November 13, 2007 06:58 AM | Posted to News And Updates | Web 2.0 | Permalink
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