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January 10, 2008
Mindquarry Team Resurface At Swiss Software Co
Day Software, a content management software company, is the new employer of the founders of Mindquarry, a German open source collaborative software platform provider that had been funded by Hasso Plattner Ventures (we wrote about its insolvency earlier this week).
A December-dated announcement from Day says that Mindquarry founders: Alexander Klimetschek, Alexander Saar and Lars Trieloff, have joined Day's product development team and will bring their AJAX and social mediaknow how to the Swiss company.
Day does about Sfr 20M a year in sales. A dotcom bubble-era IPO gave this company a massive valuation (as the chart below shows). It survived the downturn and makes most of its turnover with services and support. It employs 110.
Posted on January 10, 2008 10:45 AM | Posted to News And Updates | Permalink
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