Wednesday, September 25, 2002

Weblicon’s financing

Weblicon Technologies AG has concluded a second round of financing. Under the leadership of the consortium of PEPPERMINT. Financial Partners, the investors Belgacom Multimedia Ventures, IBB Beteiligungsgesellschaft mbH, and PEPPERMINT. make available the total sum of EUR 3.2 million. With the new finance, the Berlin company is going to pursue an offensive growth strategy, step up product and technology development, and further extend the market position.

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