3i sells Reddot to Nasdaq listed Hummingbird

3i led the year 2000 series A round in Reddot solutions from its German office led by Joern Pelzer (Reddot board director) of 3i.

Reddot is a content management system with over 1300 global clients. The company has performed well since then and in fact Joern believes "Reddot made possibly the best US market entry that our German Investment team have seen to date" - with nearly 50% of current revenues from the US and an HQ in New York. 3i was pleased to be able to support the firm via its presence in US and globally with contacts and during the recruitment process.

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