German online shopping network kaufDa secures second round funding
Participating in this new round are existing investors Stefan Glaenzer of Last.fm fame, Stephan Schubert from OnVista and Michael Brehm of studiVZ. Joining them as lead investor in this round is new partner eVenture Capital. Exact terms were not disclosed but the amount involved is understood to be in the mid-single digit millions (€). Shares of the existing investors were diluted slightly, which eVenture acquired 18% per cent of the company.