Netbiscuits announced that it has raised expansion capital of “several million” euros from T-Venture and Creathor Venture. The former company is the venture capital arm of Deutsche Telekom, while the latter is a leading German VC that originally backed Netbiscuits in 2007.
As you may know from the previous two posts on the company, Netbiscuits enables its customers to develop, publish and monetize cross-platform mobile websites and apps. The company’s enterprise-class mobile cloud software platform serves the mobile web programs for premium commerce and retail companies, publishers and advertisers in a software-as-a-service mode. Among its customers we find such names as eBay, Axel Springer Group, Time Inc., Universal Music Group, MTV Networks, Home Shopping Network, Sears Holdings, RTL Television, Spiegel Online, SapientNitro, Publicis, Razorfish and Ogilvy.
In total, Netbiscuits enables more than 10,000 mobile sites and apps, facilitating mobile services in over 50 countries and serving more than 4.4 billion mobile page content requests each month.
Netbiscuits has around 90 employees and runs offices in Germany, the USA, the UK and Singapore.