Auctionata Raises $2.5M from Bright Capital Digital
According to reports, Auctionata, a Berlin, Germany-based startup that operates an auction web site focused on antiquarian items, has raised $2.5m from Bright Capital Digital.
Founded in 2011 and led by CEO Alexander Zacke, CTO Georg Untersalmberger and COO Jan Thiel, Auctionata provides a patented real-time system - run by a team of international experts, state-licensed auctioneers and experienced professionals - that allows users to bid and sell items such as diamond ring, works of art, pieces of furniture, rare stamps – during online auctions.
There are three ways to sell on Auctionata:
- weekly auctions, which take place every Friday at 6pm CET;
- special auctions, which have a special theme,
- sales gallery, which offers items for sale at a fixed price set by experts.
Experts are responsible for providing accurate valuations and taking professional photos of items for the auction catalogue.
The company, which is also backed by e.ventures, and Holtzbrinck Ventures, is currently hiring (click here).