Tag Archives: Munich

Carpooling.com reached 1 million downloads of its mobile apps

Carpooling.com, one of the world’s leading ridesharing marketplaces, today announced that it has reached 1 million downloads of its mobile apps. The Munich-based company has recently also released new apps with more payment features. Carpooling.com, which has about 4.7 million … Continue reading

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Cloud-based document storage: smarchive secures funding

smarchive, the first intelligent document filing system, just received a seven-figure investment before launching its software. T-Venture, CHECK24 and some business angels, among them Birgit Ströbel, co-founder of Germany’s biggest online real estate platforms, Immobilienscout24, are taking part in the … Continue reading

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Carpooling.com partners with Daimler and plans expansion

Daimler AG is investing in one of the leading ridesharing networks, carpooling.com. The main shareholders of the Munich based ridesharing company will still be the three founders, as well as venture capital firm Earlybird. The capital investment (about $10 million) will … Continue reading

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Ticketing service amiando reports over 100% growth

amiando, Europe‘s leading tool for online event registration and ticketing, significantly increased its sales growth in all markets and opened three new offices within the beginning of 2011 and now. Since its foundation in 2006, over 180,000 events have been organized … Continue reading

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Westwing secures $50m in a round led by Summit Partners

The high-end shopping club Westwing has just closed a record funding round of $50 million, which was led by the US based investor Summit Partners. Existing investors like Investment AB Kinnevik, Rocket Internet, Access Industries and Holtzbrinck Ventures also participated in … Continue reading

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yavalu closes a new financing round led by NGFI

yavalu, a new web-based personal investment service, is getting further prominent support. Next Generation Finance Invest (NGFI), Europe’s leading investment company with focus on innovative business models in finance, is taking the lead in providing yavalu with their next funding. Also, … Continue reading

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TrustYou secures $5m and acquires ReviewAnalyst

TrustYou, a Munich-based provider of social media monitoring and semantic technologies for the online reviews and social commerce space, announced today a $5 million Series A round and the acquisition of Dallas-based competitor ReviewAnalyst. The round, led by Credit Agricole … Continue reading

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Fair Observer wants you to make sense of the world

After several months of developing and testing, Fair Observer – a new international mulimedia journal, has been launched in an open beta-version last week. The content startup was founded in 2010 by Atul Singh (Editor-in-Chief), Fabian Neuen (COO), Chiradeep Chakraborty … Continue reading

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Cupid plc acquires a German online dating business

Cupid plc, the Edinburgh (UK) based online dating company, has announced the acquisition of 75% of the German OnlineLiebe GmbH and the WomenWeb GmbH earlier this week - for a total of €2.75m. The two companies are run together by the same Munich … Continue reading

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Penny Auctions: Swoopo has filed for bankruptcy

Swoopo, the controversial pioneer of penny-auctions, has filed for bankruptcy. In 2010 the Munich (Germany) based Entertainment Shopping AG withdrew from Korea and there had also been rumors about layoffs. Swoopo, wich was founded in 2005, was one of the world’s leading … Continue reading

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