Xara raises €3 million to help businesses create professional documents

Berlin-based Xara, a document design platform, has raised a €3 million round from Bellevue Investments & Co. The company’s new software, Xara Cloud, is a browser-based document editor that allows businesses to easily create a range of professional-looking business documents and content, including presentations, social media advertisements, catalogs, web banners, and even e-books. No design […]

Berlin-based gamedev studio Klang raises $8.95 million for its Seed MMO

German gamedev startup Klang has secured an $8.95 million Series A funding round led by Northzone, with participation from Makers Fund, Novator, and firstminute capital. The capital injection will support the development of the company’s new massively multiplayer online (MMO) title, Seed. Co-founded by game developers who used to work on the massively successful MMO […]

Orange acquires Norwegian-founded cloud infrastructure company Basefarm Holding for €350 million

Major European telecom operator Orange has acquired Basefarm Holding AS, a Norwegian-founded cloud infrastructure and critical application services company, for €350 million. The deal has been made by Orange Business Services, the telco’s enterprise subsidiary. “We are very proud to announce the acquisition of Basefarm, which will mark a major milestone in our international development,” […]

Swiss social network for young people Goodwall raises $10.8 million

Geneva-founded professional social network for high school and college students and graduates Goodwall has secured a $10.8 million Series A funding round led by Randstad Innovation Fund and Manixer, with participation from Francis Clivaz, Zurich Cantonal Bank, and Verve Capital Partners. The social network is targeting the demographic of 14 to 24 year-olds and claims […]

German medical startup MediDate acquires its competitor Medical One

Berlin-based e-health startup MediDate has acquired its rival, the Medical One clinic group, in a deal funded by the VC firm Earlybird, MediDate’s largest investor. The price of the acquisition has not been disclosed. Started as a digital intermediary in the sector of plastic and aesthetic surgery, the post-acquisition MediDate itself becomes a provider of […]