Netbiscuits Raises $27M

Netbiscuits, a Kaiserslautern, Germany-based developer of adaptive web development software, has raised $27m in new funding.

The round was led by Stripes Group, with participation from existing investor T-Venture (read here).

The company intends to use the capital to expand its sales and marketing efforts in the United States and Europe, and to focus on research and development.

Founded in 2000 and led by Michael Neidhoefer, CEO, Netbiscuits provides analytics, hosting and monitoring solutions which are designed to allow companies to maximize their web experiences for customers, employees and vendors across all mobile and connected devices device.
The company’s Platform is supported by an ecosystem of web infrastructure vendors and system integrators through an API and IDE integration tools.
Clients include Viacom, Coca-Cola, eBay, Universal Music Group, Google and PayPal, among others.



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