BIP Invests More than US $15m in simpleshow
Friday, October 13, 2017
LUXEMBOURG, October 13, 2017 /PRNewswire/ --
- Simpleshow confirms successful completion of investment round for accelerated
international growth and tech innovations
- With Photo
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
(Photo: http://mma.prnewswire.com/media/582731/Karsten_Boehrs.jpg )
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.
Note to Editors:
A picture accompanying this release is available through the PA Photowire. It can be
downloaded from http://www.pa-mediapoint.press.net or viewed at
http://www.mediapoint.press.net or http://www.prnewswire.co.uk.
The Simpleshow Company S.A.
Alexander Teschner, CFO
62 Avenue Victor Hugo
BIP Fund SCA (Sicar)
1, rue des Coquelicots
SOURCE simpleshow GmbH
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