BV Capital / eVentureCapital Partners, heavily supported by Germany’s Otto Group, recently invested in Recurly (see press release), a company specializing in subscription billing management:
"Today, we’re proud to announce that Recurly raised $6 Million in a Series A round of investment to grow our company well into the future. We’d like to thank our new investors from BV Capital for sharing our enthusiasm for our business.
In addition to BV Capital, our existing investors: Polaris Venture Partners, Harrison Metal Capital and FreeStyle Capital all joined in to help us continue in building a great company."
With BV Capital in the USA, the investment co-operative is taking a significantly more progressive course than it is with eVenture Capital in Europe. There the last additions were MyDeco, Farfetch and Vicampo. The complete portfolio here.
Whereas many Germany based investment groups have difficulty getting up to speed in international markets, BV Capital is one of the few who have access to a strong international network.
At the Live Shopping Days conference in 2011, we had a discussion about investment strategy and international opportunities with CEO and General Partner Andreas Haug. At the Exceed 2012 conference we are looking forward to hear the opinions of Andreas Schlenker of Partech International (German link) on the topic of VC financing and e-commerce.
Related posts:
- mydeco.com Gets Investment From eVenture Capital Partners
- eVenture Partners Invest in Asia with Infinity Ventures
- Friendbuy: eVenture Capital Invests in Social Commerce
- Groupon Takes Over Darberry.ru, the Next Otto Holding
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.
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