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This article was published on March 11, 2009

Dutch Startup ‘Greetz’ Grabs a Cool 7 Million Euros of Funding


Dutch Startup ‘Greetz’ Grabs a Cool 7 Million Euros of Funding

picture-273Greetz, an established personalised card service based out of Holland, has raised seven million euros from ePlanet Ventures and existing shareholders Prime Technology Ventures.

Greetz prides itself on being the first online service where you can create and send personalised greeting cards. The sender determines what the greeting card will look like. You can choose from a greeting card with your own photograph or select an illustration from the more than 3500 illustrations. You also decide the text and all other design aspects of the greeting card.

Currently, Greetz have a presence in the Netherlands, France, Germany and the United Kingdom. Though market leaders, the company aim to use the funds to further establish themselves within the Dutch Market whilst also improving growth internationally.

CEO, Johan van Vulpen, issued a statement saying

“We are proud to have succeeded to attract new funds to realise our growth ambition. Once again, our existing shareholder Prime Technology Ventures has expressed its trust in our company. Furthermore, we are pleased to welcome ePlanet Ventures, a leading international venture capital fund who previously backed such successes as Skype and Baidu. In these challenging economic times this is a strong vote of confidence in the Greetz model and this investment provides us with the financial power to invest and further roll out of our concept,”

As market leaders in the Netherlands and solid funding to boot, don’t be surprised to see a Greetz card arrive at your door in the near future, wherever you are.

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