VCDE Venture Partners backs 004
Frankfurt-based VCDE Venture Partners has invested a seven-figure sum in e-commerce advisory company 004.
The fresh capital will be used for developing its technology and increasing its national and international sales activities.
VCDE's fund is supported by more than 150 entrepreneurs and business angels in the technology sector. It focuses on companies in the software-as-a-service, mobile, advertising and digital banking and payment fields.
Company
Founded in 2003, 004 offers full-service e-commerce solutions to its clients, including merchandising, order management, fulfilment and returns processing. It focuses on brands, media houses, retail chains and professional sports clubs such as Bild, FC Köln, Sportarena, Rheinische Post and Axel Springer.
People
Robert Hein is CEO of 004. Andreas Thümmler led the deal for VCDE.
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