Netbiscuits Receives Equity Financing from T-Venture and Creathor Venture

Netbiscuits, a Kaiserslautern, Germany-based company that provides software-as-a-service solutions enabling customers to develop, publish and monetize cross-platform mobile websites and apps, has received a “several million Euro” equity financing from T-Venture and Creathor Venture.
The company intends to use the funds to invest in technology, advance its pipeline of new products and further expand in the USA and in core markets in Europe and Asia.
Founded in 2000 by CEO, Michael Neidhoefer, Guido Moggert, Christian Reitz and Martin Suess, Netbiscuits serves customers that span across the online, media and entertainment industry and innovative agencies. Amongst them are global brands such as eBay, Axel Springer Group, Time Inc., Universal Music Group, MTV Networks, Home Shopping Network, Sears Holdings, RTL Television, and Spiegel Online.
The company currently has around 90 employees and operates offices in Germany, the USA, the UK and Singapore.
FinSMEs
18/01/2011

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