tradeshift

Tradeshift signs new Angels, tests platform and is courting VCs

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Tradeshift, which aims to become the “Skype for invoicing”, has pulled in two new significant angel investors: former MySQL CEO Mårten Mickos and founding investor in LastFM Stefan Glaenzer. Tradeshift is working on what it positions as the world’s first free invoicing platform, news which we broke on its launch in February. We are also hearing from sources that a couple of European VCs are negotiating to go in on a $80-100 million valuation.

Right now Tradeshift has entered closed beta stage with its free invoicing platform and is aiming at an open beta in the next month or so.

It also says it’s been testing the platform with “several very large enterprise customers” which have access to 50,000 companies globally. These will be invited to join Tradeshift to connect to their larger business partners via the platform. Among these is TDC, the largest Telco in Denmark with suppliers all across Europe.

Christian Lanng, a former builder of deep e-commerce and security services for the Danish government is co-founder of TradeShift along with a very hard-core team which includes John Bosak who created XML, who is on the board. Interestingly, early Skype investor Morten Lund is listed as an advisor.

Mickos was CEO of MySQL from 2001 to 2009 and is now the CEO of Eucalyptus Systems, the company behind the Eucalyptus open-source infrastructure for doing cloud computing on clusters. Glaenzer is the founding investor and Executive Chairman of Last.fm and is well known in London and Europe generally as an active angel investor.

  • Richard House

    Nice to see a Scandinavian start up thinking big scale and hitting the roof!

  • Antony Evans

    How does ‘skype for invoicing’ work… is this a P2P technology or do you telephone your customers?

    Seems everything is trying to be the skype of something these days… what does it mean?

  • http://seedinvestor.de Florian Komm

    Morten just twittered, that 80-100 million Euros are more precise.

    • frank

      80-100 million Euros? So is that like $80 – $100 US?

      • Random

        No, $107-$134 million

  • http://www.indigo102.com Martin Wilson

    Great concept. The Skype reference is linked to the disruptive nature of the offer. As Skype has changed the telephony environment the Tradshift product could do the same for invoicing.

  • http://www.Wamba.com Enrique Dubois

    Fantastic news! Congrats to the team.

    Knowing the team behind the project, i am sure it will be very disruptive and succesfull.

    Enrique

  • really?

    The ash must be affecting the investors mind. 80 million?

  • http://eu.techcrunch.com/2010/06/30/tradeshift-announces-a-raft-of-new-partners-api-opening-up-soon/ Tradeshift announces a raft of new partners, API opening up soon

    […] launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

  • http://brettmbell.com/2010/06/30/disruptive-invoicing-tradeshift-brings-in-a-raft-of-partners/ Disruptive Invoicing? Tradeshift Brings In A Raft Of Partners | BrettMBell.com

    […] launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

  • http://www.blacklink.me/tech/?p=181 blacklink-tech » Disruptive Invoicing? Tradeshift Brings In A Raft Of Partners

    […] launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

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    […] launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

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    […] launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

  • http://budiwiyono.com/2010/06/30/tradeshift-the-%e2%80%9cskype-for-e-invoicing%e2%80%9d/ Tradeshift, the “Skype for e-Invoicing” « budiwiyono.com | opinions, analysis, techniques, experiences and insights.

    […] launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

  • http://claire191.wordpress.com/2010/06/30/disruptive-invoicing-tradeshift-brings-in-a-raft-of-partners/ Disruptive Invoicing? Tradeshift Brings In A Raft Of Partners « Claire191's Blog

    […] third-parties to tie into its free invoicing system. The launch partners who have had access to a beta version of Tradeshift’s API include: ERPLY (free ERP system), E-conomics (a SaaS accounting solution […]

  • http://jetlib.com/news/2010/10/11/paypal-may-have-quietly-plowed-16-million-into-%e2%80%9cthe-next-paypal%e2%80%9d-tradeshift/ PayPal May Have Quietly Plowed +$16 Million Into “The Next PayPal,” TradeShift | JetLib News

    […] Hippe Brun, the team has attracted major clients, like TDC a major European telecom company, and notable seed […]

  • http://eu.techcrunch.com/2011/05/16/tradeshift-raises-7m-for-its-skype-for-invoicing-and-wider-b2b-play/ Tradeshift raises $7m for its ‘Skype for invoicing’ and wider B2B play

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://ba2d.com/techno-tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play Tradeshift Raises $7m For Its ‘Skype for invoicing’ Platform And Wider B2B Play | User Manual Guide

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://trendoloji.com/?p=2124 Tradeshift Artırdı $ 7m Onun için Platform Ve Geniş B2B Play ‘Skype faturalandırma’

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

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    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://www.bitmag.com/2011/05/16/tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play/ Tradeshift Raises $7m For Its ‘Skype for invoicing’ Platform And Wider B2B Play | Bitmag

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://technology3in1.com/technology-news/tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play/ Tradeshift Raises $7m For Its ‘Skype for invoicing’ Platform And Wider B2B Play | technology3in1.com

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://technology2in1.com/technology-news/tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play/ Anonymous

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

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    […] communications and processes”, has raised a $7m round from Notion Capital. As we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://technology6in1.com/technology-news/tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play/ Tradeshift Raises $7m For Its ‘Skype for invoicing’ Platform And Wider B2B Play | technology6in1.com

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://technology5in1.com/technology-news/tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play/ Tradeshift Raises $7m For Its ‘Skype for invoicing’ Platform And Wider B2B Play | technology5in1.com

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

  • http://www.24technologynews.com/top-news/tradeshift-raises-7m-for-its-%e2%80%98skype-for-invoicing%e2%80%99-platform-and-wider-b2b-play Tradeshift Raises $7m For Its ‘Skype for invoicing’ Platform And Wider B2B Play : 24 Technology News

    […] we’ve previously reported, the Denmark and London, UK-based startup was rumoured to be courting VC funding at an $80-100 […]

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