XAnge et al. back Qeep

BDMI, the Venture division of Bertelmann, also participated in the company's first funding round in 2007. The new capital will be used for product development and further international expansion.

Cologne-based internet company Qeep was launched by social entertainment network developer Blue Lion Mobile GmbH in 2006. Qeep runs a mobile community which provides live multiplayer games, blog photos, text messages and virtual gifts. The platform has users from over 200 countries.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com

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