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Venture Capital
by tj on November 8, 2005
OpenBC the Hamburg, Germany based social networking company has raised EUR 5.7 million from Wellington Partners and existing investors. Here is the english press release (PDF):
"CEO Lars Hinrichs intends to utilize the funds
from the Series A round to accelerate the international rollout of its platform. "We
are already available in 16 languages today, and our membership is growing by 15
percent a month worldwide. We still see enormous growth opportunities, especially
in Europe and Asia, and we now want to take a more aggressive stance in our
development."
Congrats guys - you started with the right vision and executed very impressively.
Permalink: OpenBC with funding
Tags:
openbc
funding
entrepreneurship
venture
technology
venture+capital
social+networking
please+enter
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