Noerr has advised the Chemnitz-based start-up Staffbase in a Series A round of financing. The investors Capnamic Ventures and KIZOO Technology are providing the company with over EUR2 million in total.
The new lead investor Capnamic Ventures will also drive expansion into the US.
Staffbase, which has been on the market for two years, is now Europe’s leading provider of employee and intranet apps for smartphones. Among its clients are Heineken, Siemens, Viessmann and T-Systems MMS. Staffbase provides companies with a platform for producing their own employee apps in a straightforward way. In addition, news, documents, calendars or shift schedules can be managed via these apps. As part of the planned expansion into the US, Staffbase will open an office in New York.
Staffbase relied on the advice of Berlin-based Felix Blobel, Partner, and Ariane Neubauer, Senior Associate, who frequently provide comprehensive advice on equity financing to growth companies and investors, such as the Berlin app technology firm adjust or Scottish Equity Partners in their investments in Mister Spex and Babbel respectively.
Noerr is among the leading law firms in the field of growth and venture capital and frequently supports major investments, buyouts and financing rounds. Noerr is also involved in promoting start-ups and, together with DAX-listed companies Henkel and RWE and others, co-founded the German Tech Entrepreneurship Center (GTEC). This new Berlin start-up platform is based at the ESMT European School of Management and Technology.
