Minti's parent company Vibe Capital (that I am a Co-founder of), has recently acquired a strategic stake in their technology partner, Market United (also a successful digital marketing agency), innovative wizards in open source software applications and their first Web 2.0 project delivery. It was a pleasure pioneering a Web 2.0 Company, however the Co-founder's of Minti/Vibe would not have been able to bring their intellectual property and vision alive if it hadn't been for a technology partner that could execute with precision, innovation and creativity.
What's great is that myself, my business partner and hubby have been providing web-services to the US market for the last ten years, with our other Co-founder Matt extensive M&A experience in Europe in Telecommunications...and Market United already had successful US deployment experience, which makes for a complete fit. If you see that the fundamentals are right, it's a good step to explore and take a look at. Some Family 2.0 sites may encounter this down the track, to make a decision to get a tighter and closer knit team and having a technology partner gives you the results without the hassles of management of technical processes and an expanding wages salary to content with. (ie. keeping a lid on your cash burn rate vs time to market)
This is the second round raising of angel capital and the first shareholder debt facility to funding future capital requirements of Vibe Capital eager to venture into other verticals and markets.
Vibe Capital is very pleased with Minti's growth and search traffic, with the supporting vibeEngine the cornerstone of Minti and upcoming verticals and licence partners. I can hint that we may have two site's due for launch soon on the horizon.
View the press release here... Vibe Capital, Owner of Minti, Completes a Further $1.2m in Funding and Acquires Strategic Shareholding in Technology Partner |