Samwer Brothers Back Frazr—German Twitter
Alexander, Oliver and Marc Samwer—a well-known European trio of entrepreneurs—have invested an undisclosed sum in Frazr, a German and French-language service similar to Twitter. While Twitter has garnered a lot of hype it normally takes a while for companies to focus on foreign markets, “and Europeans are more likely to rally behind a local company that specializes in their language” reports VentureBeat. The Samwer brothers also backed Studi-VZ, a Facebook-style service in Germany. It’s going to be a crowded market—VB notes competing services include Texeln, Wamadu, Faybl, 1you and Sloggen. Partnr.de is about to launch, according to OnetoOne.
Posted In: Money, M&A & Venture Capital, Social Media, Countries, Europe, Germany
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