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The Partners Sevenload is a global social media platform that provides photos, videos, interactive show formats, and user generated content. T Ventures is the VC firm of Deutsche Telekom. They advise and look after young, innovative companies. Hubert Burda Media is one of the largest media and technology companies in Germany. The consumer is at the centre of all entrepreneurial activities. Burda is active in 20 countries, important markets are Central and Eastern Europe, Western Europe and Asia.
The Deal Sevenload has successfully completed a second round financing for an undisclosed amount. T Ventures and Hubert Burda Media were in the lead during this financing. IEG - Investment Banking Group has acted as exclusive financial advisor to a founding shareholder of Sevenload. IEG - Investment Banking Group has already successfully closed the first financing round for Sevenload in 2007.