ProSiebenSat.1 acquries Parship and ElitePartner
German media publisher ProSiebenSat.1 acquires a majority of the online dating portals Parship and Elite Partner (Parship Elite Group). It bought 50% of the shares and one company stock. The other shares belong to the previous owner: London-based Oakley Capital Private Equity II. Overall, the company is supposed to be worth €300 million.
About You exchanges shares vs. awareness
Hamburg-based e-commerce startup About You announces a media for equity deal: ProSiebenSat.1’s investment arm Seven Ventures and German Media Pool want to support the startup in touching ground in Austria and Switzerland. The amount stays undisclosed.
Bitmovin raises $10.3 million
Not exactly Germany, but close by: Austria-based video startup Bitmovin raises $10.4 million. The round was led by London-based Atomico. However, Chris Kaiser (former VP of Engineering at Netflix and YouTube), David Helgason (founder of Unity), Edward Kozel (former CTO of Cisco) joined the round, as well as existing investors Dawn Capital, Speedinvest, and Y Combinator.