Portfolio – Current Investments
- ButterFly Media
- Collax
- Datango
- D-LABS
- Delivery Hero
- FACTON
- HitFox
- INCHRON
- Kenesto Corp
- My Heritage
- OpenSynergy
- Panaya
- reBuy
- RIB Software
- Smeet
- SponsorPay
- UJAM
- VIOSO
- VoIPFuture
- wahwah.fm

ButterFly Media
ButterFly Media offers website owners and bloggers the possibility to add free, quality, fully customizable and constantly updating news stories to their websites and blogs. ButterFly Media provides content from mainstream media all the way down to small specialized websites and blogs. User can use these by picking from the 1,500+ pre-defined categories or by using specific keywords and customize news widgets which they can easily add to their websites and blogs
| Website | www.feedzilla.com |
| HPV contact | Eran Davidson, Yair Re'em |
| Status | current |
| Sectors | B2B, Services |

Collax
Collax develops specially tailored and suitable server solutions for small and mid-sized businesses (SMBs) which combine all advantages and strengths of Linux & Open Source like ease-of-use and reduced TCO with an easy to use graphical user interface (GUI).
The Collax Solution Platform provides a wide range of functionality as a completely
modular, integrated offering:
- Server-á-la-Carte, Collax Platform Server plus a dozen+ server components that customers
can combine according to their needs, covering communication, groupware, storage, file-
and print- serving, web and application serving, security, email archiving, backup/restore,
virtualization, clustering (Q3/09), monitoring.
| Website | www.collax.com |
| HPV contact | Dr. Rouven Westphal |
| Status | current |
| Sectors | B2B |

Datango
The datango software solution helps companies launch and operate new enterprise application systems (EAS) quickly and smoothly. Datango provides a comprehensive development solution that effectively streamlines the production of documentation, training and on line help for critical business applications to ensure that the end users of complex technologies have the necessary skills and support to improve their performance.
| Website | www.datango.com |
| HPV contact | Dr. Rouven Westphal |
| Status | current |
| Sectors | B2B |

D-LABS
D-LABS aims to become the leading consultancy for "design-led innovation" for the software industry in Germany. As a design and consulting company D-LABS develops products and services by exploring extraordinary opportunities. It ensures product and service acceptance by engaging actual end users throughout the design and optimization process. D-LABS' customers belong to a variety of industries from DAX-listed companies to start-ups.
| Website | www.d-labs.com |
| HPV contact | Yaron Valler |
| Status | current |
| Sectors | B2B, Services |

Delivery Hero
Delivery Hero is a marketplace generating leads for restaurants and delivery services. The online platform is a free service for users to find a large variety of restaurants delivering to their address, see restaurant reviews, conveniently place orders and make payment online or upon delivery.
The service is a hassle free substitute to phone orders and helps restaurants to increase revenue.
| HPV contact | Yaron Valler |
| Status | current |
| Sectors | B2C |

FACTON
A leading software-vendor in the area of Product Lifecycle Costing (PLC). With experts in consulting, development and support, FACTON and their partners provide costing solutions that analyze, simulate and optimize product costs across all departments and through all product stages - from pre-quote to end of life.
| Website | www.facton.com |
| HPV contact | Dr. Rouven Westphal |
| Status | current |
| Sectors | B2B |

Hitfox
HitFox specializes in user acquisition for game publishers around the world. A discount of 75% on virtual goods in a popular online game, or 40% off on a coveted game console – HitFox's value proposition is convincingly simple: gamers receive current deals on online and offline games, hardware and accessories via e-mail. In turn, publishers acquire new customers and devoted gamers, and HitFox will partake in generated revenues. HitFox was founded by a Jan Beckers who built up Sponsorpay, Madvertise and Abolventa and Tim Koschella who founded Lecturio.
| Website | www.hitfox.com |
| HPV contact | Yaron Valler |
| Status | current |
| Sectors | B2C |

INCHRON
A Design Suite supplier for real-time-software applied in embedded systems. Based on the unmatched Design and Test Suite customers of INCHRON can detect and eliminate run-time problems very early in the design phase, thus developing error-free and cost-effective embedded systems of outstanding real-time quality in a much shorter period of time.
| Website | www.inchron.com |
| HPV contact | Dr. Rouven Westphal |
| Status | current |
| Sectors | B2B |
Kenesto Corp
Kenesto is a new kind of process automation system. It is people-centric, product-based and enterprise scalable. Kenesto combines these three attributes into the first system that can be widely deployed across an enterprise to improve a company's products, teamwork and efficiency. Kenesto revolutionizes process automation by making process automation more widely applicable, more affordable and easier to use than ever before.
| HPV contact | Eran Davidson |
| Status | current |
| Sectors | B2B |

MyHeritage (merged with verwandt.de)
MyHeritage is a family-oriented social network service and genealogy website. It allows members to create their own family websites, share pictures and videos, organize family events, create family trees, and search for ancestors. In 2003, CEO Gilad Japhet and a team of genealogy enthusiasts founded MyHeritage in Japhet's living room in the small town of Bnei Atarot, just outside Tel Aviv, Israel. Within six years, the company had grown to a community of 47 million members with 320 million online profiles. There are 6 million family trees on the site, and the site is accessible in 34 languages. This makes MyHeritage the second-largest genealogy company in the world. MyHeritage acquired our portfolio company verwandt.de in an asset deal in 2010.
| Website | www.myheritage.com |
| HPV contact | Eran Davidson, Rouven Westphal |
| Status | current |
| Sectors | B2C, Services |

OpenSynergy
OpenSynergy specializes in consulting and software development in the field of AUTOSAR and automotive infotainment. The company develops a software platform that integrates the infotainment domain of a car with its security domain. Furthermore, it facilitates a more efficient use and enables a further standardization of hardware.
| Website | www.opensynergy.com |
| HPV contact | Yaron Valler |
| Status | current |
| Sectors | B2B |

Panaya
Panaya's Software-as-a-Service solutions enable companies that use ERP systems to save up to 50% of their application lifecycle costs and minimize the risks associated with system changes. Utilizing cloud-based simulation to analyze the impact of pending changes, Panaya automatically pinpoints which custom programs will break as a result of an upgrade or support package implementation and automatically fixes most of these problems. Panaya provides a complete solution for managing these changes, explaining how to fix the anticipated issues, fixing most of them automatically, suggesting the most efficient test plan, and calculating required project budget and resources.
Currently serving users of SAP, support for Oracle applications will soon be available.
| Website | www.panayainc.com |
| HPV contact | Yaron Valler, Yair Re'em |
| Status | current |
| Sectors | B2B |

reBuy
Founded by Lawrence Leuschner and Marcus Börner in 2004, reBuy reCommerce GmbH is now a leading provider for reCommerce solutions: At www.reBuy.de customers sell their no longer needed elctronics and entertainment products for a fixed price. Once the goods arrive at reBuy, the products will be tested and refurbished. Products, which are at least in a good condition are resold at www.reBuy.de. Customers can not only save up to 90% over the original price, but will also have a function warranty of twelve months.
| Website | www.rebuy.de |
| HPV contact | Dr. Rouven Westphal |
| Status | current |
| Sectors | B2C |

RIB Software
RIB Software, a privately held German based company, focuses its business on specialized software for construction (AEC1), process industry (EPC2) and infrastructure projects. With more than 100,000 installations around the world, RIB is one of the leading providers of project management software solutions, bridging the gap between computer-aided design applications (CAD) and enterprise resource planning (ERP) systems.
RIB's software solutions span the entire value chain of construction and infrastructure
projects - including project conception, planning, budget preparation and tender processing,
estimating, coordination, controlling, procurement and maintenance. Its users include
leading construction companies, the public sector, architectural offices and engineering
companies as well as key accounts in the process industries. Multi-lingual and multi-currency
solutions ensure that international projects can also be mastered successfully.
1AEC=Architecture, Engineering and Construction
2EPC=Engineering, Procurement and Construction
| Website | www.rib-software.com |
| HPV contact | Eran Davidson |
| Status | current |
| Sectors | B2B |

Smeet
Software solution and social network in the new segment of "Reality Communications". sMeet offers the opportunity to meet and communicate everywhere in the virtual world with the feeling of communicating in the real world. The unique technology enables a new way of telecommunication combining personal and direct interaction (as in a face to face conversation) with a realistic communication experience and thus enriches the community life.
| Website | www.smeet.com |
| HPV contact | Eran Davidson, Yair Re'em |
| Status | current |
| Sectors | B2C |

SponsorPay
SponsorPay is the leading global cross-platform advertising solution for the monetization of premium content or virtual currency on social networks, virtual worlds, mobile apps as well as online games and services. The company's innovative product suite creates value for different entities, enabling
- advertisers to acquire new customers and grow sales via performance marketing,
- media agencies and consumer brands to effectively interact with their desired audience, enhance brand recognition and measure the impact of their engagement campaigns,
- developers/publishers of mobile, social and online games or services to monetize non-paying users and increase overall ARPU, and
- users to earn virtual currency or access to premium content through participation in targeted advertising offers.
SponsorPay partners with leading publishers Ubisoft, Bigpoint, Gameforge and NHN as well as developers Gameview Studios (DeNa), Creative Mobile and Playdom (Disney) on platforms such as Facebook, iOS and Android. The company runs successful campaigns for renowned advertisers including Vodafone, Coca-Cola and Nike. A commitment to a localized, high-quality user experience has allowed SponsorPay to reach over 120 million customers across more than 100 countries. Investors include Team Europe, Hasso Plattner Ventures, Kite Ventures and Nokia Growth Partners. The company is headquartered in Berlin with offices in San Francisco, London, Paris and Tokyo.
| Website | www.sponsorpay.com |
| Blog | blog.sponsorpay.com |
| HPV contact | Yaron Valler |
| Status | current |
| Sectors | B2C |

UJAM
UJAM is a cloud-based platform empowering everyone from novice to skilled musician to easily create and produce real music. UJAMs proprietary "Song DNA" technology interprets any musical input (from humming or singing a tune to playing an instrument) to create complex compositions, and employs the same technology used in digital audio workstations for studio-quality results. Long-term, UJAM can be integrated and embedded with other services on any platform and aims to become a go-to-place for all music-lovers to create and share their music.
| Website | www.ujam.com |
| HPV contact | Yaron Valler, Yair Re'em |
| Status | current |
| Sectors | B2C |

VIOSO
With their smartprojecting products, VIOSO offers software for a convenient control of projections. The capabilities range from de-skewing images to color correction, artificial deformation and many more – all that without needing to use the internal menu of the projecting device itself. As a further feature, an automated correction process allows to project on almost every surface without a screen. It gives the user full control of what is displayed and how it is displayed, which is a prerequisite for professional presentations in a business context. The company aims to become the standard projection software for business and private users.
| Website | www.vioso.com |
| HPV contact | Yaron Valler |
| Status | current |
| Sectors | B2C |

VoIPFuture
VoIPFuture offers software products for VoIP quality, analysis and diagnosis. The performance and precision of its vendor-independent products make them stand clearly apart from solutions previously available on the market. This opens up a new dimension for the stable operation of VoIP networks and makes it possible for the first time to not just detect errors in VoIP voice quality, but also to localize them.
| Website | www.voipfuture.com |
| HPV contact | Dr. Rouven Westphal |
| Status | current |
| Sectors | B2B |

wahwah.fm
wahwah.fm is an innovative location based mobile music app which was originally conceived by Philipp Eibach, CEO and founder. Starting out in July 2011, the app enables each and every music lover in the world to set up and broadcast their own radio station anywhere they are.
The app has not only won numerous awards but also the appraisal of media and industry spectators right across the world. wahwah.fm have been voted twice within top ten most promising starts up in Germany, along side other established companies like SoundCloud and Simfy.
wahwah.fm is made up of 9 music lovers and is based out of Berlin. They are working towards building a scalable social music experience for music lovers on the go.
The first stop on wahwah.fm's roadmap was wahwah.fm ONE enabling people to pick music from their SoundCloud accounts now developing the next version which will enable users to choose music from their own smart phones. make sure you tune in.
| Website | www.wahwah.fm |
| HPV contact | Dr. Jens Schmidt-Ehmcke |
| Status | current |
| Sectors | B2C |


