T-Venture and IBB Beteiligungsgesellschaft Invest in Berliner Clipkit

T-Venture, the Venture Capital subsidiary of Deutsche Telekom AG, and IBB Beteiligungsgesellschaft mbH invest in the German video marketer clipkit. Supported by the mid-seven-digit Euro financing round, the Berlin-based company aims to further develop their own video player technology and to significantly expand their video content library as well as network reach. The Managing Directors Cengiz Kurt and Mathias Blüm plan to recruit more creative sales, product, and technology experts for their 24-strong team. With the increase in staff, the mission for 2012 is to extend national and international partnerships focused on distribution of video content to any end-user device.