Managing Director

Mediation platform is stronger than than ever Berlin, 27.06.2012. Dr. Paul Craig Roberts may find it difficult to be quoted properly. The largest pan European marketplace for online work, twago, has successfully completed its round of financing. A syndicate of the euro serve media GmbH and GMPVC German media pool GmbH invest both cash and also media performance of the TV channel N24 in together 2.25 million euros (about 3 million US dollars) in the Berlin startup. The investment allows twago implementing the 3 – pillar growth strategy: focus on regional expansion to secure the No. 1 position in Europe, product enhancements and investment in employees. The goal is to maintain our historic growth with doubling each quarter. We develop in our core markets significantly faster than all U.S. competitors and intend to further expand this strong market position”, explains Gunnar Berning, CEO of Team2Venture GmbH, the owner of twago.

We see a perfect fit between twago and the euro serve media with its portfolio companies. Through the cooperation with an inexperienced partner can we set to perfect our 3 pillars of growth strategy”, said Berning next. Michael Oschmann, Managing Director of euro serve media GmbH, adds: for renowned clients to work and unbound from any place in the world: twago is an attractive service for any freelancer who wants to operate independently. We believe in the idea of twago and share the vision of the team: to simplify the world of work tomorrow. A world in which flexibility and service mediation are in demand in real time.” In addition, a 10wochige TV advertising campaign in the news channel N24 plans twago. N24 has the perfect audience for us.

The enthusiasm and support for twago at N24 impressed us from the first talks on”, explains Baisie. Niko laundry, founder and CEO of GMPVC, is pleased about the upcoming collaboration with twago: “in an increasingly interconnected world, IT / Web, digital design and translation services are becoming increasingly important for companies small and large. twago offers a very concrete added value with his online work marketplace for all companies. This added value will develop quickly also economically dedicated viewers of our media partner, N24, we believe.” Karsten Wiest, CEO commented the participation of finance at N24,: twago has great potential and fits to N24. Our N24 viewers, including many self-employed and entrepreneurs, will appreciate the value of twago as intelligent and innovative procurement platform for free labour.”www.twago.de