
High-Tech Gründerfonds invests in fruux
High-Tech Gründerfonds and netSTART Venture have invested a six-figure sum in German cloud solutions company fruux GmbH.
The investment will help develop the firm's product and extend its existing customer base from individuals to companies.
Company
fruux is a cross-platform cloud solution that enables automatic synchronisation of tasks and calendar entries. It started as a student project in 2007 and launched as fruux GmbH in December 2010.
It currently has six employees.
Its product was initially restricted to Apple systems but it is now being developed into an open solution.
People
Jan Sessenhausen is investment manager at High-Tech Gründerfonds. Prof. Tobias Kollmann is managing director at netSTART Venture GmbH.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater