BIP Invests More than US $15m in simpleshow
BIP Invests More than US $15m in simpleshow
PR70553
LUXEMBOURG, Oct. 13, 2017 /PRNewswire=KYODO JBN/--
- Simpleshow confirms successful completion of investment round for
accelerated international growth and tech innovations
The Simpleshow Company S.A., the explainer video pioneer, raises funding
from Luxembourg-based investor BIP Fund SCA (Sicar) to further support its
successful growth path.
Since its inception in 2008, simpleshow has become the worldwide market
leader for professional explainer video production. Last year, the company
released the DIY online video creator mysimpleshow.com, which automatically
creates video content from text input.
simpleshow CEO Karsten Boehrs emphasizes that "The new funding will promote
international growth, further development of mysimpleshow.com and ongoing
digitalization of the company. It accelerates our momentum, helping us to
accomplish our mission to provide the best explainer video solutions to anyone."
Morten Sondergaard, Chairman of The Simpleshow Company S.A., welcomes the
new investor and adds that "BIP is a strong partner for the Company and,
alongside our other shareholders, will help to achieve our ambitious goals."
Katrin Wehr-Seiter, Managing Director of BIP who will, together with
Natalia Sutugina of BIP, join the Board, highlights: "simpleshow has exciting
growth perspectives based on very attractive market dynamics and the Company's
profound expertise, strong customer relationships and technical innovation. We
are looking forward to support simpleshow in its next growth phase."
With offices in 10 international cities and last year's launch of
mysimpleshow.com, simpleshow has successfully established from a German startup
to an international player, providing eLearning and communication resources
primarily to large corporates, but also to other business and education
customers.
About simpleshow: simpleshow is the market leader for professional
explainer video production and so far has produced several thousand clips in
more than 50 languages worldwide. With offices in Luxembourg, Berlin,
Stuttgart, London, Zurich, Miami, Singapore, Hong Kong, Kuala Lumpur and
Tokyo, more than 150 employees serve customers around the globe. simpleshows
explain complex topics in short, entertaining, and easy-to-understand videos;
and its methodology is trusted by major blue-chip corporations worldwide.
Today, the company offers a variety of formats, from simple online videos to
innovative and interactive online courses, and its online video maker
mysimpleshow.
About BIP: BIP Fund SCA (Sicar) is an independent investor based in
Luxembourg with proven experience and a sustainable track record. It invests in
medium-sized companies with a clear growth perspective, especially in Germany,
the Benelux countries, France, Austria and Switzerland. BIP supports the
further development and expansion of companies in various sectors, both through
relevant expertise and through the provision of financing for growth
initiatives or acquisitions.
Contact:
The Simpleshow Company S.A.
Alexander Teschner, CFO
62 Avenue Victor Hugo
1750 Luxembourg
Luxembourg
Tel.: +352-20-21-00-12-12
BIP Fund SCA (Sicar)
1, rue des Coquelicots
1356 Luxembourg
Luxembourg
Tel.: +352-26-00-26-1
SOURCE: simpleshow GmbH
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