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German messaging security provider sold
Filed in archive Venture Capital by tj on January 15, 2004
Cobion - a German startup that produces solutions for content filtering and anti-spam was acquired by ISS. The press releases states �26 million as transaction value. Cobion has had a quite impressive client list and managed an early expansion from Germany to US. Maybe they got stuck with their expansion plans, as the price seems a bit low for a successful company. Cobion had an earlier capital injection from Wellington Partners of $5.9 million in October 2002.

Or maybe Google had a say against their marketing slogan "Googleization of Content Security".


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Permalink: German messaging security provider sold
Tags: 2003  messaging  german  security  entrepreneurship  security+provider  german+messaging  provider+sold 
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