HTGF exits YOOCHOOSE

Diana Petrowicz
02 November 2011

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High-Tech Gründerfonds (HTGF) has sold online reviews company YOOCHOOSE to Norwegian open source web content management firm eZ Systems.

Previous funding
In October 2009, HTGF and T-Venture provided seed funding for YOOCHOOSE.

Company
Founded in 2009, YOOCHOOSE is a spin-off from Deutsche Telekom Laboratories in Berlin and offers a personalised recommendation service for companies. The firm developed the YOOCHOOSE Recommender Engine in cooperation with providers of online shop services and web analytics. Based in Cologne, its customers include CNBC, T-Mobile, France Telecom, Orange, EMI Music, and the Financial Times, among others.

People
Oliver Fietz represented T-Venture. Holger Heinen is investment manager at HTGF.

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