Deutsche Telekom's T-Venture corporate venturing unit joins the consortium for Cooliris just three months after Sebastian Blum moves to work there.
Cooliris, a US-based internet browser software for sharing photos and video, has raised $9.6m in its series C round from a consortium including Germany-based phone operator Deutsche Telekom’s T-Venture corporate venturing unit.
In November, Sebastian Blum, a managing director at T-Venture, the most influential corporate venturing unit in the utilities and telecoms sector, joined portfolio company Cooliris as a vice president of business development.
Venture capital firm Kleiner Perkins Caufield & Byers led the round, which included peers DAG Ventures…