Burda Digital Ventures (BDV), the corporate venturing unit of Burda Digital had owned a minority stake in Mokono since 2007.
Populis, an Ireland-based online media publisher formerly known as GoAdv until just after its take-private from the Alternext stock market, has continued its acquisition strategy by buying Germany-based blog service Mokono for €8.2m ($11.4m).
Burda Digital Ventures (BDV), the corporate venturing unit of Burda Digital had owned a minority stake in Mokono since 2007. "The Mokono team has been successful in developing truly innovative business models for digital media," said Harald Ebrecht of venture capital firm Acton Capital Partners, which…
