Spain

Spain's Privalia Venta Directa Raises $95 Million from Index Ventures, General Atlantic and Highland Capital Partners

Privalia Venta Directa, a private online sales club, has raised  €70 million ($95 million) in financing from Index Ventures.   Privalia was founded in Barcelona, Spain in 2006 by Lucas Carné and José-Manuel Villanueva and is the market leader in each country in which it currently operates: Spain, Brazil, Italy and Mexico and has over 5 million members worldwide.
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Spanish-Speaking Companies and Governments Embrace Social Networking

Ariel Brailovsky beat thousands of consumers to win a dream vacation package. All he had to do with tweet and complete some tasks on Facebook. The contest was launched on behalf of the Spanish government by SrBurns, a firm specialized in helping companies and countries in the Spanish-speaking world leverage social media to increase business. SrBurns is one of dozens of innovative young companies from Spain and Latin America that are expected to particpate in La Red Innova a June 14-15 conference in Madrid.Read more

Not Such A Risky Business: One of Spain's Most Active Angel Investors Hits Another HomeRun

Spain may not the first country that comes to mind when thinking about successful European technology companies. Try telling that to Luis Martin Cabiedes, one of Spain’s most active angel investors and a scheduled speaker at the annual meeting of the European Trade Association for Business Angels and Early Stage Investors (EBAN) in Madrid April 27-28. Cabiedes made a 500% return on the first batch of investments and expects to make a 72% return on his current portfolio, after only one exit. 
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