Quandora raises a seed round from KIMA Ventures for its white label Q&A platform
Quandora announced today that they have raised a $150K seed round from KIMA Ventures in order to continue growth of their white label solution for Q&A Platforms. We profiled Quandora‘s “Quora for Enterprise” last July, and it seems the company has been growing quite well since then. The company, which offers a white-label private Q&A-based […]
With 20,000+ users on board, Sketchfab raises a 370K€ Angel round for its YouTube of 3D
Sketchfab, the YouTube of 3D content, has raised 370,000 euros from Oleg Tscheltzoff, Jacques-Antoine Granjon, Nicolas Rosset &Jerry Nieuviarts (Clubic), Sylvain Zimmer (Jamendo, Joshfire) and Andrew Lacy (Tapulous, LeCamping mentor). The startup, which just finished Season 3 of LeCamping, was one of the most well-taken to startups in the season, having attracted 20,000+ users to the platform. […]
Recommerce Solutions raises 7.1M€ from Seventure, 3T & more to go international
Recommerce Solutions announced today that they have raised 7.1 Million euros from Seventure Partners, 3T Capital, the FSN PME (managed by CDC Entreprises) in order to take its used products eCommerce international. The company, already #1 in France for its reselling solution, has had particular success in the mobile phone industry. The service allows individuals […]
What ISAI, the French entrepreneur’s fund, is saying about French entrepreneurs with their latest investments
ISAI recently announced an investment in Hospimedia, a health & medical professional’s media company. The 2 million euro investment is the first in their most latest fund – ISAI Expansion – which is meant to help companies that already have significant traction and are perhaps event profitable, but still need a capital injection to grow. […]
Microsoft contests 52 Million euro back-taxes in France
French tax authorities are asking for 52 Million euros from Microsoft for what it refers to as ‘redressement social,’ essentially undeclared taxes that it declared via its Dublin-based European HQ between 2007 and 2009. Microsoft, who has already announced it will contest the claim, says that it legally registered all sales in Ireland, and delivered […]
Criteo is getting ready for an IPO in 2013 in the US, not Europe.
This afternoon Journaldunet has reported that Criteo is getting ready to do an IPO, during which it hopes to raise between 270 and 400 million euros. The French Adtech giant, which has seen explosive growth in the last few years, winning the Deloitte Technology Fast 50 for the past two years, raised a 40 Million euro […]
After eliminating the competition with help from the government, Amazon to “harmonize” commission rates in France
Amazon has been welcomed with open arms by the government. They bought their tapis rouge on Amazon, rolled it out from them on top of FNAC, Darty, Surcouf, and Virgin Megastore, and let them walk right in. To give a brief summary, in the past year Amazon has opened new offices in Burgundy, and Pas de Calais, […]
Suck it UK, Germany, Italy, Spain, Israel, Portugal, Turkey & Romania – It’s easier to earn $1M in France!
Perhaps I’m a bit too excited about this recent article in The Economist, which details how many years it takes a ‘median breadwinner’ to earn $1M in various countries, but I was stoked to see France place at #8, behind most of Northern Europe, the USA, Canada & Japan. Here on the Rude Baguette, we […]
Rude VC: Percent vs. value
At a conference the other day a fundraising advisor I know approached me about a prospective investment opportunity. The opportunity, a project in the mobile analytics space, fit well within our invest domain of interest. I was intrigued and listened attentively as the intermediary explained the product, the market need, the company’s progress to date, […]
European Commission cuts 2020 Digital Agenda budget by 90%
Coming on the heels of Liam’s adventures in the hallowed halls of the European Commission and just in time for one of telecoms biggest events of the year, the Mobile World Congress in Barcelona, comes some disappointing news from Neelie Kroes, the European Commissioner for Digital Agenda. In the midst of the tough EU budget deal negotiations, some […]