Netbiscuits, which enables development, publication and monetization of cross-platform mobile websites and apps, has raised ‘several millions of Euros’ worth of funding from T-Venture, the venture capital arm of Deutsche Telekom, and Creathor Venture.
The extra capital will be used to grow Netbiscuits’ business in the United States, and for expansion in key markets like Asia and Europe. → Read More
[Germany] Berlin-based aka-aki, which offers a location-based social network for mobiles, has raised additional funding. The amount of this second round of financing was not disclosed, although the company did say it was ‘several millions of euros’.