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"It is extremely helpful to have a pan-European investor like Wellington with all their experience with high growth companies at our side as we roll out Qype country by country. They have gained tremendous know-how in each market over the years and are able to open up doors to decisive players everywhere."
Stephen Taylor
CEO, Qype
Wellington
contact:
Daniel Waterhouse
Europe’s premier city guide network
Founded in 2005, Qype is today Europe’s premier city guide network with more than 14 million unique visitors per month. The Hamburg-based company provides a communication platform, www.qype.com, that allows users to discover places, businesses and services in their local area and share opinions. Qype is already market leader in France, Germany and UK and also live in six further European markets.The enormous growth in user and contributor numbers and the early revenue traction in the local advertising market were key factors for Wellington Partners to led a second financing round of €8.0 million in September 2008.
First investment: September 2008
Qype GmbH
Deichstraße 29
Columbiahaus
20459 Hamburg
Germany
