T-Venture has joined Creathor Venture, a local venture capital firm and Netbiscuits' first institutional backer, in the consortium providing money to help Netbiscuits expand into the US.
T-Venture, the corporate venturing unit of Germany-based phone operator Deutsche Telekom, has joined a consortium investing "several million Euro" in Netbiscuits, a mobile web services developer.
T-Venture has joined Creathor Venture, a local venture capital firm and Netbiscuits’ first institutional backer, in the consortium providing the money to help the portfolio company expand into the US.
Netbiscuits has been profitable since 2002 and in 2006 conducted a growth investment with Creathor.
Netbiscuits enables its customers to develop, publish and…
