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Today in Germany: Relayr, Factory, Pay.on Written by HEUREKA editorial on 5. November 2015


$11 million for Relayr

Berlin-based Internet of Things startup Relayr announces a series A round. The $11 million came from famous U.S.-based tech VC Kleiner Perkins Caufield & Buyers, Munich Venture Partners and business angel Tom Noonan. KCPB is well known from its investments in Google and Amazon, and has also invested in SoundCloud.
[Gründerszene] (German)

Factory receives a new investment

Berlin-based startup campus Factory received a new investment. Klaus Hommels invested as a business angel and became a member in the Factory’s board of advisors.
[Gründerszene] (German)

ACI Worldwide acquires PAY.ON

Munich-based PAY.ON offers a white label payment infrastructure which connects 300 alternatives payment methods and works in over 160 countries. ACI paid $200 million in cash and stocks for the startup founded in 2004.
Image: Relayr