Berlin software startup ezeep has an ambitious goal: make printing easy, no matter where you are or what device you are using. The Skype investor Mangrove backs the company, and The Cloud, Europe’s biggest Wi-Fi provider, is one of ezeep’s first customers.
Berlin, Nov. 27th 2012. ezeep offers an easy and secure way to print in modern businesses. Employees can use the service to print when they are at the office or while they are on the go, either from their smartphone or tablet (both iOS and Android), or directly from the browser. The setup is easy and done within just a few minutes: existing printers will be connected automatically to ezeep. After that, they can easily be shared with team members or clients with just one click.
„With ezeep, we see the potential to solve one of technologies biggest issues“, says Michael Jackson, former COO of Skype, now partner at Mangrove Capital Partners. „Actually, it seems like a bad joke, that modern companies still have to spend a considerable part of their resources to maintain a working printer network. While working at Skype, I have seen how a small technological idea can become an avalanche. Today, none of us could imagine an internet without voice over IP or video chats.“
Sascha Kellert, CEO at ezeep, is also more than pleased with the new partner. „For us, it was always important to find an investor who not only has the money, but also has the experience to scale such a service successfully to a worldwide audience.“ According to Kellert, the investment will be used primarily to hire new people and to further develop the service. „We are just at the beginning of our journey. We have a lot of things to come, and the partnership with Mangrove helps us take a huge step towards our big goal.“
One of the first customers of the young company is The Cloud, Europe’s biggest Wi-Fi provider. Deutsche Telekom Accelerator Program hub:raum is also using their first ezeep printer.
Curtis McDonald, investment manager at High-Tech Gründerfonds, complements: „ezeep has more than satisfied our expectations as a first round investor. With their innovative cloud-based software, users can print wirelessly from any device with maximum security. The product is absolutely relevant for the market and we are happy to see Mangrove, another strong partner, joining the ezeep family.“
ezeep is a young, Berlin-based software company with a big vision: printing should just work and be easy! ezeep – easy printing. In the future printing should be easy, fast and cheaper for anyone and every company. ezeep’s innovative cloud software allows anyone to print in their office or on-the-go, anytime, fast and easily, from their smartphone, tablet, computer or directly from the web. Existing printers are automatically connected to ezeep and can be shared with employees, customers or guests with a few clicks. Since founding ezeep in July 2011, the team made up of the three founders Sascha Kellert (CEO), Frederic Haitz (COO) and Marian Zange (CTO), has been working on realizing that vision, amongst others being supported by ezeep board member Michael Jackson, the former COO of Skype. Their disruptive vision and business model for changing the printing industry and impressive technology has helped the team win over strong partners in quick succession: Mangrove Capital Partners, High-Tech Gruenderfonds (HTGF) Europe’s largest seed investor and the Danish Serial Entrepreneur Thomas Madsen-Mygdal. Mangrove has previously invested in over 50 companies, amongst other Brands4friends, and was one of the first investors in Skype.
Ohlauer Straße 43
10999 Berlin, Germany
+49 30 521070758
About High-Tech Gruenderfonds
High-Tech Gruenderfonds invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High-Tech Gruenderfonds invests EUR 500,000 in the seed stage, with the potential for up to a total of EUR 2 million per portfolio company in follow-on financing. Investors in this public/private partnership include the Federal Ministry of Economics and Technology, the KfW Banking Group, as well as fourteen industrial groups of ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Qiagen, RWE Innogy, SAP, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 565,5 million under management in two funds (EUR 272 million HTGF I, EUR 293,5 million HTGF II).
High-Tech Gründerfonds Management GmbH
+49 228 823 00 100
About Mangrove Capital Partners
Founded in 2000, Mangrove Capital Partners is an investment firm dedicated to finding and helping passionate, innovative entrepreneurs start and grow global, disruptive companies. Mangrove chases bold, transformational ideas around the world, with a combined focus on Europe and Emerging Markets such as India and Russia and invests across a variety of sectors, with an emphasis on Internet services, mobile, e-commerce and the automotive industry.
Mangrove’s sweet spot is on the earliest stages of innovation: the firm regularly injects funds prior to product launch, aims at being the first institutional investor and sometimes co-creates projects. With $500 million under management, Mangrove also has the capacity to support its best companies over the long term, by committing significant resources through successive rounds of financing.
Mangrove has invested in more than 50 companies such as Brands4friends (sold to eBay), KupiVIP, Nimbuzz, Oktogo, Rdio, Seatwave, SohoOS, Spreets (sold to Yahoo) and Wix. Mangrove also had the privilege of being among the first investors in Skype, which was acquired by eBay for over €2.5 billion in 2005.
Mangrove Capital Partners
31, Bld. Joseph II
+352 262534 1