
T-Venture et al. invest in Netbiscuits
T-Venture invested in a $27m funding round for German software-as-a-service company Netbiscuits, led by Stripes Group.
Netbiscuits will use the funding to increase sales and marketing in the US and Europe, and focus on research and development. The company received funding from T-Venture and Creathor Venture in 2011 following Creathor Venture's initial investment in 2006.
Company
Netbiscuits provides software solutions with the aim to maximise web experiences for customers, employees and vendors across mutliple devices, particularly mobiles. The company was formed in Kaiserslautern in 2000 and has offices in Germany, the US, the UK and Singapore. Customers include Viacom, Coca-Cola, eBay, Universal Music Group, Google and PayPal.
People
Dan Marriott is managing partner at Stripes Group.
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