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MarketScreener Homepage  >  Equities  >  Xetra  >  Bmp Holding AG    BTBB   DE0003304200

BMP HOLDING AG

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bmp media investors : holding iversity concludes additional round of financing

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10/25/2014 | 08:09pm EDT
14.10.2014 -  bmp media investors bmp holding iversity concludes additional round of financing

bmp media investors AG (ISIN DE0003304200) has increased its stake in iversity GmbH from 22.81% to 25.25% as part of a capital increase. Alongside bmp media investors, T-Venture and BFB Frühphasenfonds also took part in the latest round of financing, in which iversity received a seven-figure sum.

The fresh capital is to be used to accelerate the scaling of the course offer and to systematically develop the platform for existing and new users. iversity's team will also be expanded. Further appointments are planned in addition to Sander Nijssen as Managing Director and Veit Mürz as Marketing Director, who have been on board since September. Because of its growth, iversity has opened an additional location in Berlin.

Demand for iversity from universities and users is continuing unabated. Since its launch in October 2013, iversity has won over more than 475,000 enthusiastic users. In addition, iversity now offers its users various examination formats monetarised via certificate sales.

Hannes Klöpper, iversity's co-founder and Managing Director: "We thank ourinvestors for their continued commitment. It shows their trust in our team and in our service: making university education more accessible, more affordable and more individual and increasing acceptance of online studying."

Jens Spyrka,member of the bmp media investors AG Executive Board, said: "The team has succeeded in building up a strong edu-tech brand in Europe that is drawing international attention. We are delighted that T-Venture is significantly increasing its investment and, together with bmp, expanding the financial framework for successful development with which iversity can continue to extend its lead in the field of online teaching."

About iversity:

iversity.org is a platform for online university courses, which gives a global community of students the opportunity to study with excellent educators and universities throughout the world. iversity is financed by T-Venture, bmp media investors, BFB Frühphasenfonds Brandenburg and other business angels.

www.iversity.org

About bmp media investors AG:

The venture capital company bmp media investors AG (ISIN DE0003304200) has been investing in growth companies in the field of media and marketing services in Germany and Poland since 1997; it focuses on companies in the seed, start-up and expansion stages.

Its successful exits include eProfessional, Gamigo, K2, Bankier, Nokaut, nugg.ad and mbr targeting. In its current portfolio are companies such as betegy, brand eins, castaclip, dailyme.tv, komoot, Retresco and Tweek.

www.mediainvestors.com

bmp media investors AG
Corinna Riewe
Tel.: 030-20 30 5 567
criewe@bmp.com
Schlüterstraße 38, 10629 Berlin

This Corporate News is neither an offer nor a request to submit an offer for the sale of securities - specifically not in the US or other countries or jurisdictions in which an offer or request to submit an offer for the purchase or sale would be illegal without prior registration or permission under the relevant securities guidelines.

This Corporate News is neither an offer to sell registered bearer shares nor a request to submit an offer to buy the registered shares; it is merely for information purposes.

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