The guys over at Intruders TV have an excellent interview with SoundCloud founder Alexander Ljung, on how he raised €2.5 Millions. We covered the story recently, and here is the explanation.
North Star Equity pumps £335.000 more into Quick.tv
Posted by On April - 22 - 2009
Another round of investment for Newcaste-based startup Quick.tv which just raised another £335.000 to further develop its clickable video technology and market its product.
The company provides professional web video publishers the ability to inject interactivity into videos with a quick click, drag, and drop.
‘Online video has gone from being a consumer driven entertainment experience to a fundamental feature of any website. It’s now recognised by businesses across all sectors as an effective marketing tool.’ Nick Bell, founder and commercial director, says.
The fresh cash will mostly be used for a marketing campaign, in occasion of the new product launch.
The round was led by North Star Equity Investors which already backed Quick.tv in 2006 with proof of concept funding of £60,000 and again in 2007 with £500,000 from its Co-Investment Fund.
Update:We got information from Quick.tv that the round was closed on December 08.
RapidRabb.it raises €500.000 for software prototyping software
Posted by On April - 21 - 2009
High-Tech Gründerfonds (HTGF) has invested EUR 500,000 into software prototyping company RapidRabb GmbH in a first round of financing.
The startup, a finalist at the Red Herring 100 Europe Award, provides an interesting product that gives business and developers the tools for rapid prototyping of software interfaces and easy-to-lear graphic specifications, early-stage testing and efficient communication.
RapidRabb was founded in 2008 by a young group of designers, developers and economists. It is based in Berlin, Germany.
The High-Tech Gruunderfonds invests venture capital in young and promising technology companies who turn scientific results into economic success, they have a volume of about 272 Milion Euros available. Investors of this Public Private Partnership are the Federal Ministry of Economics and Technology of Germany, the KfW Bankengruppe, as well as the combinations BASF, Deutsche Telekom, Siemens, Robert Bosch, Daimler, and Carl Zeiss.
