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"We wanted more international exposure and a progressive VC - and that is exactly what Wellington, through Eric Archambeau, is delivering."

Lars Hinrichs
Founder, XING AG

CEO: Dr. Stefan Groß-Selbeck

Wellington contact:
Eric Archambeau

The leading European online business network

XING (formerly OpenBC) is a pioneer in social networking software for business professionals looking to find useful contacts, important information, new business opportunities, employees, jobs and ideas. The XING network can be accessed around the world by Internet, mobile phone or PDA. Access is via subscription. Due to its early profitability, XING has only needed one financing round to make the company fit for an IPO – and this round was led by Wellington. In December 2006, the Company became one of the first listed Web 2.0 companies in the world; XING made a successful IPO on Frankfurt Stock Exchange.

First investment: September 2005

XING AG
Gänsemarkt 43
20354 Hamburg
Germany

www.xing.com
News from XING

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