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Burda Invests £2 Million in Hoberman’s Mydeco.com; Total £7.35 Million Second Round

Sep 1, 2008 1:17 PM

Burda, the German publishing group, is investing about £2 million ($4 million) in Mydeco.com, the interior-decoration-meets-social-networking website launched by Lastminute.com co-founder Brent Hoberman last year. The investment is part of a £7.35 million second-round fundraising by Mydeco.com’s parent company By Design (UK)...the valuation of the company is in the region…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Europe, Germany, amadeus capital partners, burda, mydeco, sofinnova ventures

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