iversity Completes over $2M Financing Round

iversity, a Neuenhagen bei Berlin, Germany-based academic platform for universities, is completing an over €2m first round of financing.

Investors include bmp media investors AG (ISIN DE0003304200) and Frühphasenfonds Brandenburg. Following the investment, bmp will hold a 10.1% stake in the company.

The company intends to invest for technology development, user acquistion, marketing initiatives, and international expansion.

Led by president Jonas Liepmann, who created the platform and co-manages the development team along with with Hannes Klöpper, iversity is a SaaS solution for e-learning and e-science. It is designed to help teachers and students manage their materials and organize seminars, research projects, and conferences. The beta version of the platform has more than 11,000 users from 40 schools.

FinSMEs

11/08/2011

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