The Germany-based search engine company, already backed by bank venture arm Chancenkapital Biberach, has attracted another bank-backed corporate venture unit in LBBW.
LBBW Venture Capital, the corporate venturing unit of Germany-based financial conglomerate Landesbank Baden-Württemberg, and other venture backers have invested an undisclosed amount in Germany-based search engine marketing company Crealytics.
LBBW was joined by the Switzerland-listed investment group Mountain Super Angel and existing investor, the Germany based venture capital (VC) firm Bayern Kapital.
Bayern Kapital had previously participated in Crealytics’ January 2010 round of funding led by German state and corporate-backed seed investor High-Tech Gründerfonds, but featuring Chancenkapital Biberach, the corporate…