German online karaoke portals Mikestar.com and TalentRun.com are merging to become a single company.
The resulting Hamburg-based Mikestar GmbH, has received a “six-figure” investment from Neuhaus Partners and High-Tech Gründerfonds.
This funding provides the company with the opportunities to further develop the companies’ respective competences. TalentRun intends to expand its classic karaoke model while Mikestar will continue to focus on social networks, gaming and mobile apps.
In addition, the company wants to drive its white labelling concept forward.