omniture

Emporis Completes Multi-Million Euro Financing Round to Drive Growth

Emporis GmbH
2007-09-06 01:25 850

DARMSTADT, Germany, Sept. 6 /Xinhua-PRNewswire/ -- Emporis has completed a multi-million Euro financing for future growth. The company manages and markets building data in more than 50,000 cities worldwide. The VC Neuhaus Partners has invested together with KfW Bankengruppe in this innovative technology business. The specific size of the deal was not disclosed.

Emporis (http://www.emporis.com ) plans to use this investment to accelerate growth and drive internationalization. The Darmstadt company wants to offer its services in multiple languages as well as make building data universally accessible and useful. Stephan R. Boehm, Managing Director at Emporis: "With this data, companies in the construction and real estate sectors can analyze their markets and find respective projects and partners. Emporis manages data regarding the complete life cycle of a structure: from the concept phase through demolition. At this juncture our product Emporis Research comes in."

"The job of Emporis is to organize a complex puzzle," explains Michael Wutzke, Managing Director at Emporis. He adds, "Every piece of information expands the picture we have about the building market. Emporis merges established business models with "Web 2.0" services and stores data so that it is semantically relevant. We generate completely new knowledge from simple information."

About Emporis:

Emporis is a manager and provider of information on buildings and other structures on a global basis. Emporis is leading in the collection of information regarding high-rise buildings. Internet: http://www.emporis.com

About Neuhaus Partners:

Neuhaus Partners, based in Hamburg is one of Germany's leading independent venture capital groups. At present, Neuhaus Partners is in the fundraising process for a new EUR 100 million technology fund. Internet: http://www.NeuhausPartners.com .

About KfW:

KfW Bankengruppe provides stimulus for the economy, society and ecology in Germany, Europe and throughout the world. With a balance-sheet total of EUR 360 billion it is one of the large banks in Germany. Internet: http://www.kfw.de .

Source: Emporis GmbH
Keywords: Real Estate
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