Cooee GmbH, parent company of the Club Cooee virtual world, announced that it has received an undisclosed but “substantial” round of funding from French venture capital firms Generis Capital Partners and Innoven Partenaires along with an unnamed angel investor and existing investor Aurelia Private Equity. In addition, Club Cooee has partnered with Windows Live Messenger in Germany to distribute its product. Now German users of Windows Live Messenger can launch Club Cooee’s 3D chat environment directly from the “Meet People” tab.
“We can see tremendous potential in the Club Cooee platform, and have been very impressed with the high quality of the user experience. Obtaining backing from Microsoft as an official addition to its instant messaging system in Germany has been a great achievement and this should help the company grow rapidly. The management team have made excellent use of their resources to date and we look forward to working with them as they build on their large and loyal existing community,” said Paul Toon, Managing Partner of Generis Capital Partners, in a press statement.
Club Cooee’s German partnership with Microsoft was made possible with the support of Microsoft Germany’s high-tech start-up initiative, “unternimm was.” Cooee GmbH has participated in this initiative since May 2009. Microsoft Germany has since selected Club Cooee as one of only three German firms to participate in the global BizSpark One program. Cooee GmbH’s participation in BizSpark One increased Club Cooee’s visibility, helping the company connect with potential partners including one of the participants in this round of funding.
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