crealytics Closes Third Financing

crealytics GmbH, a Germany-based SEA specilist, closed a (€) mid 7-figure third financing round.

Backers included Bayern Kapital, LBBW Venture Capital GmbH, High-Tech Gründerfonds, Mountain Super Angel AG and new investor BayBG.

The company intends to use the capital to continue developing its SEA software camato.

Founded in 2008 and led by CEO Andreas Reiffen, crealytics is a SEA technology vendor and service provider. camato enables users to automate much of the work flows in using Google AdWords and improve the quality and profitability of PPC ads.
Customers include Flaconi, navabi, edelight, Nayoki Interactive Advertising and DefShop.

The company is continuing to grow with gross profit increased by 44% from 2011 to 2012 and over 60 in Passau and Berlin,

FinSMEs

21/02/2013

Related News
25/01/2010 Germany, crealytics Receives Funding
18/07/2011 crealytics Receives Growth Financing

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