Mangrove backs HTGF's ezeep
Mangrove Capital Partners has backed German software start-up ezeep, a portfolio company of High-Tech Gründerfonds (HTGF).
The company plans to expand its pool of employees and develop its mobile printing product following the investment. HTGF invested €500,000 in the company in October 2011.
Company
Based in Berlin, ezeep is a software start-up founded in July 2011 by CEO Sascha Kellert, COO Frederic Haitz and CTO Marian Zange. The business aims to facilitate wireless mobile printing from all devices. Among its first customers are The Cloud and Deutsche Telekom's accelerator programme hub:raum.
People
Mangrove partner and former Skype COO Michael Jackson led the deal for the GP. Curtis MacDonald led the original deal for HTGF.
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