Corporate venturing unit T-Venture backs the cost estimating company, which was founded six years ago, which acquired an established US company in its sector.
The corporate venturing unit of Deutsche Telekom has backed Cost Xpert, which provides cost estimates for information technology and software projects.
T-Venture, the Germany-based telecoms group’s start-up investment unit, invested an undisclosed sum in the company.
Cost Xpert was founded in 2005. It then acquired Cost Xpert Group, a US-based cost estimation group.
