T-Venture, the venture capital division of Germany-based telecommunications company Deutsche Telekom, has invested in Netherlands-based mobile devices management company Veliq. The amount invested was undisclosed but was described in a T-Venture press release as ‘several million euros’.
Veliq is the second Netherlands-based company T-Venture haw funded, after acquiring a minority stake in medical database provider Portavita, in November 2009. The T-Venture financing is the first outside funding raised by Veliq, which has grown autonomously since its founding in 2006.
…
