Paris/Hamburg, 9th April 2013: BlaBlaCar, a distance ride sharing website that connects drivers with paying passengers, is launching  the service in Germany, bringing the number of European countries it operates in to more than ten. In tandem with the new market launch, BlaBlaCar, one of Europe's most successful start-ups in the collaborative consumption space,  announced it has surpassed 3 million members, BlaBlaCar received $10 million funding from Accel Partners and ISAI in January 2012 for European expansion.

COPENHAGEN, Denmark, April 9, 2013 --Accel Partners' Max Niederhofer has joined Sunstone Capital as a Partner in its Copenhagen office. In this role, he will focus on early stage technology investments and support existing companies in Sunstone’s portfolio.
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European technology investors, Amadeus Capital Partners and Archimedia Investments, have invested £1.6m ($2.5m) early stage capital in web-based medical practice management business, Qinec (www.Qinec.com). Read more

Yelp, a U.S.-based local listing and review site, has acquired Qype for $50 million.

London-based crowd analytics software specialist, Crowd Vision  announced July 30 that it has closed a "substantial" funding round with parRead more

Podio, a Danish cloud company specializing in an online work platform for collaboration and project management, has been sold to Citrix for an undisclosed amount.

Founded in Copenhagen in 2009 by serial entrepreneur Tommy Ahlers and several others, Podio raised funding from Sunstone Capital in December 2010. Ahlers, the company's CEO, previously co-founded Zyb, which was sold to Vodafone in 2008 for $50 million.  Ahlers and the entire Podio team will join Citrix.

ASG Software Solutions, an enterprise IT software company based in Naples, Florida announced April 4 that it has acquired Spain's  NTRglobal, a specialist in cloud-based help desk and ITSM delivery systems for the enterprise. Founded in 2000 in Spain, NTRglobal has global offices in Dallas, Barcelona, Paris and Heidelberg. More than 14,000 companies in 60 countries rely on NTRglobal’s modular help desk and ITSM solutions to remotely support their customers.

Arma Partners, the M&A advisory group, served as the advisor to NTRGlobal on the deal.

London-based Unruly Media, a marketing agency that specializes in Web video campaigns, raised €19.3 million in Series A round that included Amadeus Capital Partners, Van den Ende & Deitmers and Business Growth Fund.Read more

 SoundCloud has raised growth capital in a round led by Silicon Valley’s Kleiner Perkins Caufield & Byers (KPCB) and GGV Capital, a US/China growth fund. The amount raised was not disclosed, but the company said it is large enough to fund scaling of the three-year old company’s social audio platform. Mary Meeker of KPCB will join SoundCloud’s board as an observer. She is also actively involved in other KPCB portfolio companies including Groupon, Waze, 360buy.com, and Spotify, another one Europe’s up and coming social music platforms.Read more

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