Copenhagen, Denmark – December, 20th – Ge.tt, the simple browser-based file transfer service today announced €350,000 of investment funding from Atomico, the international venture capital firm.

The investment followed an entrepreneurship competition organised by Venture Cup in Denmark, which the company won. Mattias Ljungman, Partner at Atomico, was serving as a judge in the competition while visiting the country as part of Atomico’s Open Office programme, whereby the firm visits cities around the world. This led to a small seed investment, and then a later investment together totalling €350,000.

Ge.tt is designed as the easiest-to-use file-transfer service in the world. Rather than email files, which can be difficult with large files, users can use Ge.tt to store and transfer them simply and easily to as many recipients as they choose.

Its ease of use also means that Ge.tt provides users with a brilliant stepping stone to the benefits of cloud computing. Files can be downloaded while they are being uploaded, users are able to easily copy a link to the file, or send as email directly from Ge.tt. And there is no requirement to sign up or install any software, making it as simple and as fast as possible.

The investment is allowing Ge.tt to make new hires. The team now consists of four developers, including the two founders, and a designer. It recently released an API that allows developers to create plugins for Ge.tt, or use it in their own applications. This feature was widely requested, and many developers who asked for it have already finished some of their first projects using it.

Ge.tt is also announcing changes to its customer offering, in response to user demand. Many users wanted long-term storage, and users will now have their files stored as long as they have an account.

To make the business sustainable, however, storage limits are being introduced. Most users will continue to use the service for free because the limits are high, but those requiring larger amounts of storage, such as professional users, will pay a small fee. This will help provide a long-term future for Ge.tt which has been used by more than 425,000 people across the world since launching in November 2010.

The new usage tiers for Ge.tt are simple. Without an account users get 250MB of storage. By spending a few seconds to create an account, users receive 2GB of free storage, which is high enough that most people won’t pay anything. Most users of Ge.tt use less than 2GB, and will simply enjoy an improved, free service with long-term storage.

Users who want more storage, such as professional users or people with large file requirements, will pay small, tiered fees. For $5 a month they get 5GB, for $10 they get 40GB and for $20 they get 100GB.

Tobias Baunbæk, CEO and Co-Founder of Ge.tt, said: “Both the investment we have received, and the introduction of our premium service will help Ge.tt continue to serve our growing number of users across the world. We set out to make file transfer simple and easy, and today’s announcements will help it stay that way.”

Mattias Ljungman, Partner at Atomico, said: “Ge.tt is a great business, and it was brilliant to find it unexpectedly in Copenhagen. It’s incredibly easy to use, and once you start using it, you soon realise the benefits it brings. The company already has users across the world, and it’s easy to see why. It has great founders who have a real focus on the user experience, and a big opportunity in front of it.”

Ge.tt was founded by Tobias Baunbæk and Mathias Buus Madsen who came up with the idea while studying computer science at Aarhus University. They and classmates often needed to share files with many people on different platforms, and often resorted to using USB sticks. Although there were file-transfer services, none suited their needs. Required signups, installations, and no streaming were all factors weighing in.

They realised that a combination of streaming technologies and an intelligent queuing system would make for a much faster and simpler technology. And that this could be done in a browser, with no software installation. They created a prototype, entered the Danish startup competition Venture Cup, and won €6,700. This bootstrapped the company, and the founders left university to focus full time on it.

To give the service an advantage in the file-transfer market, the team developed a new technology that makes transfer much faster, and combined it with a clean interface to make the experience as easy as possible. This has led to a rapid growth in use of the service.
NOTES TO EDITORS

About Ge.tt
Ge.tt was formed October 2010, and is based in Copenhagen, Denmark. It is designed as the easiest-to-use file-transfer service in the world. Its unique real-time file-transfer technology allows users to share several files in a second, even several large videos. This makes it the fastest way to transfer files today. Users aren’t required to install any software or even register to use the service, and it is easy to use, even for a first-time user. For more information, or to try the service, please visit: http://ge.tt

About Atomico
Atomico is a leading international venture capital firm formed in 2006 by Niklas Zennström, a successful serial-entrepreneur and co-founder of Skype, Kazaa and other companies. Atomico seeks to deliver outsized returns to investors by being the partner, and investor of choice, for fast-growing technology companies that will become global category winners. It has so far invested in more than 50 companies on four continents. Atomico is headquartered in London with offices in São Paulo and Beijing. For more information about Atomico, please visit: http://www.atomico.com

6Wunderkinder
6Wunderkinder, a Berlin-based start-up founded in August 2010, creates multi-platform productivity solutions for individuals, groups and businesses. Wunderlist is free and available for Mac, Windows, iPhone, iPod Touch, iPad, Android and the Web. The company’s next product, Wunderkit, is targeting a late 2011 launch and aims to become the industry-standard productivity platform. 6Wunderkinder has secured investment from e42, High-Tech Gründerfonds and T-Venture, the corporate venture arm of Deutsche Telekom AG. For more information about 6Wunderkinder, please visit: http://www.6wunderkinder.com

Atomico
Atomico is a leading international venture capital firm formed in 2006 by Niklas Zennström, a successful serial-entrepreneur and co-founder of Skype, Kazaa and other companies. Atomico seeks to deliver outsized returns to investors by being the partner, and investor of choice, for fast-growing technology companies that will become global category winners. It has so far invested in more than 50 companies on four continents.
Atomico is headquartered in London with offices in São Paulo and Beijing. For more information about Atomico, please visit: http://www.atomico.com

High-Tech Gruenderfonds
High-Tech Gruenderfonds invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High Tech Gruenderfonds invests EUR 500,000 in the seed stage, with the potential for up to a total of EUR 2mm per portfolio company in follow-on financing. Investors in this public/private partnership include the Federal Ministry of Economics and Technology, the KfW Banking Group, as well as twelve industrial groups of ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Qiagen, RWE Innogy, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 560.5 million under management in two funds (EUR 272 million EUR HTGF I, EUR 288.5 million HTGF II).

Seed funding earlier this year from Creandum, the leading Nordic venture firm, allowed Wrapp to
conduct a proof-of-concept test and commercial launch in Sweden. The Series A funds, which include a
contribution from Creandum, will be used to launch Wrapp’s social gifting service in the U.S. and U.K.,
as well as for ongoing development of the Wrapp application.

Created for social media and smartphone users, Wrapp makes it fun and easy to give, receive and
redeem digital gift cards using mobile devices, and allows friends to contribute to gifts given by mutual
friends. Gift cards, a $100 billion industry in the U.S., have been the most popular gift request for four
years running, according to the National Retail Federation in Washington D.C.

“Wrapp is targeting a huge market by leveraging two mega-trends: social networks and smartphones,”
said Zennström, who is joining Wrapp’s board of directors. “If anyone can disrupt the gift card industry
for the better – make it larger by taking it digital, mobile and social – it’s the talented team at Wrapp.”

Added Johan Brenner, Creandum partner and Wrapp board member: “We saw early on that Wrapp is at
the center of where the gift card industry is headed. With Wrapp, retailers can now create highly
targeted pay for performance campaigns and drive sales offline from desired customers online. With
Atomico’s investment and help we are strengthening Wrapp’s prospects tremendously.”

Wrapp was started earlier this year by Hjalmar Winbladh and a team of young entrepreneurs, including
Andreas Ehn, Spotify’s founding chief technology officer; Carl Fritjofsson, digital media entrepreneur
and former strategy advisor to Groupon.se; Aage Reerslev, founder of mobile browser Squace; and
Fabian Mansson, former CEO of H&M and Eddie Bauer. Winbladh co-founded Sendit, the first mobile
Internet company, where he was CEO and took it public in 1997 before being acquired by Microsoft. In
2006 Winbladh co-founded Rebtel, the world’s largest independent mobile VoIP company.

Although Wrapp is currently operating only in Sweden, people around the world are welcome to
download the Wrapp mobile app today and celebrate by giving digital gift cards to friends in Sweden
from partners such as the country’s largest sporting goods retailer Stadium, Sweden’s largest consumer
electronics chain Elgiganten, designer underwear brand Björn Borg, street fashion brand WeSC, and
home improvement chain Clas Ohlson among 20 others.

“Facebook made it easy to connect and recognize our friends around the world with greetings,” said
Winbladh. “With Wrapp, friends and family can now celebrate each other with real gifts, just as easy as
sending a ‘hi,’ ‘thank you’ or ‘happy birthday’ wish. Wrapp’s quick start in Sweden clearly indicates that
people are ready to make gift-giving an everyday event.”

About Atomico
Atomico is a leading international venture capital firm formed in 2006 by Niklas Zennström, a
successful serial-entrepreneur and co-founder of Skype, Kazaa and other companies. Atomico seeks to
deliver outsized returns to investors by being the partner, and investor of choice, for fast-growing
technology companies that will become global category winners. It has so far invested in more than 50
companies on four continents. Atomico is headquartered in London with offices in São Paulo and
Beijing. For more information about Atomico, please visit: http://www.atomico.com/

About Creandum
Creandum is a Nordic venture capital firm investing in innovative and fast-growing technology
companies within consumer, software and hardware industries. The firm has €120M under
management and 15 portfolio companies like Spotify, Cint and Videoplaza ranging from early stage to
expansion. All investment professionals at Creandum have started companies or been part of
successful startups during their career. Creandum has as one of its corner investors the 6th Swedish
National Pension Fund and is among other major international investors supported by the European
Communities Growth and Employment Initiative, MAP – ETF Start-up Facility. For more information,
please visit www.creandum.com

About Wrapp
Wrapp is a social gift giving service for celebrating your friends using mobile devices or the web. Wrapp
allows friends to give and contribute to free and paid digital gift cards provided by attractive brands,
making it as easy to send a gift of real value, as it is to send a greeting. Founded in the first half of 2011
by a group of serial entrepreneurs, Wrapp is based in Stockholm, London and Silicon Valley. Celebrate
with friends every day at www.wrapp.com

myGengo offers high-quality human translation for companies and people that want to operate internationally. It translates text easily, accurately and quickly through a growing network of more than 3,000 expert native translators in every time zone. Its price point is about 70% lower than traditional professional translation, allowing businesses to translate thousands of pages of content affordably. A free localization toolset helps manage efforts across languages and geographies, and API access for developers makes it easy for any website or service to access the myGengo platform on-demand.

Since its founding in 2008, the company has helped companies around the world, from Japan to the US, go global and localize their businesses for new markets. Customers include VW and Audi Financial Services, Evernote, Japan Tourist Bureau, Pulse, Greplin and Elecom. myGengo currently handles 15 languages, and recently launched Arabic translation.

The new funding will be used to grow the company’s marketing, sales and engineering teams in the US, and extend myGengo’s global translator network to meet growing demand. Revenue rose 1000% in the last 12 months, and the company translated more content in the first quarter of 2011 than in all its previous history. It recently translated its 15 millionth word.

“This investment will allow us to reach thousands of new customers in new places, and help make myGengo the number-one solution to help the world communicate over web pages, apps and more,” said Robert Laing, Founder and CEO of myGengo. “Atomico is a natural fit because they truly understand the potential of the global marketplace, and the needs of customers big and small across different languages and verticals.”

The high end of the translation market has been traditionally comprised in-house, full-time translators, while the low end of the market uses low-fidelity solutions like Google Translate. The myGengo platform is special because it offers human translation services – providing high-quality output at scale, and at a lower cost. For anyone who needs high-quality, locally credible translation, whether for media sites or marketing campaigns, product descriptions or company announcements, myGengo offers the best of both worlds – human translation by experts, but routed, executed, and delivered quickly.

“myGengo allows people and companies to overcome language barriers easily and effectively, and has remarkable potential,” said Hiro Tamura, Partner at Atomico who joins myGengo’s board. “We areparticularly impressed by the international outlook of the company and its founders, and their
determination to make it the global leader in its field.”

The Series A round announced today follows a $1.75m total seed round raised through 500 Startups and a group of 12 international angel investors including Mitch Kapor, Team Europe Ventures and Point Nine.

About myGengo
myGengo offers high-quality human translation at scale for companies that want to do business internationally. myGengo translates text easily, accurately and quickly through a growing network of 3,000+ expert native translators in every time zone. A free localization toolset helps manage efforts across languages and geographies, and API access for developers makes it easy for any site or service to access the myGengo platform on-demand. For more information about myGengo, please visit: http://myGengo.com/

About Atomico
Atomico is a leading international venture capital firm formed in 2006 by Niklas Zennström, a successful serial-entrepreneur and co-founder of Skype, Kazaa and other companies. Atomico seeks to deliver outsized returns to investors by being the partner, and investor of choice, for fast-growing technology companies that will become global category winners. It has so far invested in more than 40 companies on three continents, and in March 2010 launched its second fund, the $165m institutional fund Atomico Ventures II. Atomico is headquartered in London with offices in São Paulo and Beijing. For more information about Atomico, please visit: http://www.atomico.com/

About 500 Startups
500 Startups provides early-stage companies with funding ranging from $10K to $250K via seed investments, our startup accelerator program, and new micro-fund models like the Twilio Fund. With over 160 experienced startup mentors around the world, creative work space in the heart of Silicon Valley, and a vibrant community of startup founders, we help our companies succeed in ways other venture firms do not. For more information about 500 Startups, please visit: http://500.co/

Since its founding in 2009, Quid has built software that locates, collects, organizes, models and visualizes vast amounts of open information from around the world.
The company currently serves Microsoft and other leading international clients, applying Quid software and intelligence to help them understand innovation.

“We live in an increasingly complex world, where billion dollar decisions need to be made against a background of uncertainty,” said Sean Gourley, CTO of Quid. “To make superior decisions we have to make better use of the ambient data surrounding us. At Quid we have spent the last 18 months developing custom algorithms to understand this data. By making use of natural language processing, machine learning and network theory we have built a platform which will allow better decisions to be made. With this round of funding we will be able to grow the engineering team, bring these technologies to market and give people new ways to interact and play with the world’s information.”

Series C participants include Skype co-founder Niklas Zennström’s London-based technology VC firm Atomico; the American “super Angel” Ron Conway (Google, Twitter, FourSquare); Endeavour Vision, a pan-European VC firm headquartered in Switzerland; Infocomm Investments, the VC arm of IDA Singapore; and follow-on investments by Peter Thiel’s San Francisco-based Founders Fund (Palantir, Facebook, Zynga), and founding investor Charles Lho from Korea (CEO Amicus Group and publisher JoongAng Daily). Max Levchin, PayPal co-founder and founder of Slide (now owned by Google), recently joined the Quid Board.

“A round that brings together London, Switzerland, Singapore, Korea, and Silicon Valley reinforces the global nature of the problem we are addressing, and the global potential of the group that solves it,” said Bob Goodson, CEO of Quid. “At Quid we are harvesting and organizing the world’s information and turning it into actionable intelligence, to yield better decisions that optimize investment and economic development.”

With Series C resources, Quid is building advanced interfaces and visualizations, expanding its world-class technical talent pool, and capturing additional data streams.

About Quid
Quid is an 18-month old, 40-person company located in San Francisco, with investors from the U.S., Korea, Singapore, the U.K, and Switzerland. Quid is building software that captures, structures, and visualizes large amounts of open information, to help companies and governments make more informed decisions. www.quid.com

Media Contact:
Susan MacTavish Best
susan@bestpr.net

“This impressive show of faith from some of the world’s savviest investors truly symbolizes that Russia has ‘arrived’ in the world of technology,” says Serge Faguet, CEO and co-founder of Ostrovok. There are 300 million Russian-speaking consumers in the world — a population that boasts explosive technology adoption as well as a higher rate of disposable income than American middle-class consumers on average due to low levels of consumer debt.

Yet Russia remains the only major global economy that does not have a trusted online solution for travel. “With Ostrovok, we have identified a virtually untapped market,” says Faguet.

Ostrovok was founded in late 2010 by Faguet and Kirill Makharinsky, both Russian entrepreneurs who studied at Stanford and Oxford Universities, worked at Google and Slide, and founded Silicon Valley companies Tokbox, YouNoodle and Quid, which have raised more than $30 million to date from top-tier funds including Sequoia Capital and Founders Fund.

The founders are focused on building the first-ever “Silicon Valley-type” company in Moscow, with emphasis on superior user experience, a stellar engineering and marketing team, strategic business partnerships and adoption of best work and company culture practices from successful tech startups.

In addition to General Catalyst Partners (who were early investors in Kayak and ITA Software) and Accel Partners (Facebook, Groupon), investors in the Series A round include: Peter Thiel and Founders Fund (Facebook); Niklas Zennstrom and Atomico (Skype); Mark Pincus (founder of Zynga); Esther Dyson (Yandex board member); Fritz Demopoulos (founder of Qunar); Sebastian de Halleux (Playfish); Naval Ravikant (Epinions, AngelList); Felix Shpilman (DST); Scott Banister (Ironport, Slide); James Hong (Hotornot); and Sam Shank (Hoteltonight). Ostrovok.ru was advised by Orrick, Herrington & Sutcliffe during this funding round.

“Online travel is an undisputed leader in global e-commerce — more than 40 percent of all money spent online is spent on travel,” says Joel Cutler, managing director of General Catalyst Partners. “With the leadership of Kirill and Serge, both of whom have brilliant track records in turning pioneering technology into commercially viable companies, Ostrovok is in a great position to become one of the biggest and most successful Russian Internet companies operating today.”

“Ostrovok’s founders are laser-focused on what the Russian consumer market desperately needs: a simple, user-friendly internet product that lets consumers book hotel rooms at competitive prices anywhere in the world,” says Jeremiah Daly, principal at Accel Partners. “They’re building it with the best content, technology, marketing and people in the country — and they’re literally doing it in a space where there is very little competition. I foresee strong growth for Ostrovok, and along with my co-investors plan to invest considerable additional resources to support their growth.”

About Ostrovok
Ostrovok.ru is one of the fastest-growing e-commerce companies in Russia, backed by Accel Partners, General Catalyst Partners, Peter Thiel/Founders Fund and Niklas Zennstrom/Atomico. Based in Moscow, Russia, Ostrovok.ru is building the best online travel experience for Russian consumers to book hotel rooms around the world. www.ostrovok.ru

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