July 26th, 2010

Penny auction site MadBid secures £4m funding from Atomico Ventures

MadBid, a fast growing “pay-to-bid” auction site has secured £4 million in a Series A funding from Atomico Ventures. Launched in 2008, MadBid is one of a number of pay-to-bid auction sites which have appeared in the last couple of years, with Swoopo among them. CEO Juha Koski says the Atomico investment will be spent on technology and expanding in Europe. Mattias Ljungman of Atomico has joined… → Read More

July 26th, 2010

Penny Auction Site MadBid Secures £4m From Atomico

MadBid, a fast growing “pay-to-bid” auction site has secured £4 million in a Series A funding from Atomico Ventures. Launched in 2008, MadBid is one of a number of pay-to-bid auction sites which have appeared in the last couple of years, with Swoopo among them. CEO Juha Koski says the Atomico investment will be spent on technology and expanding in Europe. Mattias Ljungman of Atomico has joined… → Read More