Auctionata Raises $20.2M in Funding

Auctionata, a Berlin, Germany-based has online fine art auction house, raised $20.2m in funding.

Backers included Earlybird Venture Capital, Bright Capital, Kite Ventures, Holtzbrinck Ventures, ­­­­­­eVenture Capital Partners and the ­­­­­­Raffay Group.

Founded one year ago by CEO Alexander Zacke and Georg Untersalmberger, Auctionata brings all the services of a traditional auction house to the internet. They broadcast live auctions in TV quality to computers, tablets and mobile devices, and operates a global network of 250 experts in all kinds of fields, who can provide free valuation for art, antiques, collectibles and luxury vintage items.
The company, which also has a New York office, has 100 employees.



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