Target Partners, a Munich, Germany-based venture capital firm, named Iris Ostermaier as a venture partner for its startup network.
Ostamaier was the CEO of 1-2-3.tv for the past six years (sold in November 2016) and the former CFO at Entertainment Shopping AG, which runs the online auction platform Swoopo, and at Euvia Media (sonnenklar.TV, 9Live).
Commenting on the announcement, Berthold von Freyberg, Partner at Target Partners, said: “Iris is a top manager who has developed 1-2-3.tv from a TV shopping channel into a successful multichannel trading platform with a strong online and mobile footprint. With her deep understanding of trading and e-commerce, Iris will enable us to gain new perspectives into founding teams and technologies in all types of consumer businesses“.
With €300m under management, Target Partners is one of the main early-stage venture capital firms in Germany investing in startups and supporting them in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.
FinSMEs
20/06/2017