The Hubert Burda-backed investor joins Germany-based business network company Wolfman Holding as a backer of the virtual office provider.
Acton Capital Partners, the corporate venturing fund for Germany-based media and publishing conglomerate Hubert Burda Media, has acquired a stake in Germany-based virtual office provider Bueroservice24, for an undisclosed amount.
Founded in 2008, Acton Capital tends to focus on web-based companies and numbers online book depository AbeBook and consumer comparison website Ciao.com among its successful exits. The investment was made through Acton Capital’s Heureka Growth Fund, established to target later stage companies, primarily European technology-enabled firms.
Prior to…
