More start up news

 In Corporate law

Yet again start ups get coverage from the Dutch Financial Times. Today OfficeRank and AppMachine are in the picture.

OfficeRank

Start up OfficeRank wishes to introduce transparent, objective and independent information in the world of commercial real estate. The company collects information regarding pricing, valuations and rental void rates. The Dutch Financial Times writes that this start up causes quite some buzz in the world of commercial real estate as several real estate companies try to avoid that this information is shared. Please read the full article here (in dutch) or visit officerank.nl.

AppMachine

AppMachine’s objective is to develop a new standard in order to create native apps. With its tool AppMachine’s customers do not need a software developer in order to create apps. Therefore the price for apps can be considerably lower according to AppMachine. They started developing their tool in 2011 and went live in 2013. Today the Dutch Financial Times published 40% of AppMachine’s shares were sold to Endurance International Group (a Nasdaq listed company) for € 14 million with an option for Endurance to purchase all the shares in the capital of AppMachine after four years. On the basis of price paid for 40% of the shares, the total value of AppMachine currently is € 35 million. Please read the full article here (in dutch) or visit appmachine.com.

Source: Het Financieele Dagblad | Tuesday 24 Februari 2015

Start-up schudt ondoorzichtige vastgoedwereld op met databank FD 20150224

Amerikanen steken 14 mln in Fries IT-bedrijf AppMachine FD 20150224

 

Recent Posts
  • 11 May 2021

    INPLP article May 11, 2021

    Wouter Huisman
    Bob Cordemeyer
    Fine of €475,000 for Booking.com reporting data breach 22 days to late. According to a press release of April 6 the Dutch Data Protection Authority (Autoriteit Persoonsgegevens) imposed a €475,000 fine on Booking.com because the company took too long to report a data breach to the DPA into compliance with Article 33 GDPR.
    Read More
  • 15 September 2020

    The British Data Protection Authority ICO considers operating systems that are no longer supported inadequate security.

    Bob Cordemeyer
    If systems such as Windows 7 and Windows Server 2008 R2 SP1 are no longer supported by Microsoft, this may result in inadequate security, which could then be seen as an infringement of article 32 GDPR. Huge GDPR fines may be imposed because of this infringement.
    Read More
  • 17 March 2020

    Hanneke Slager
    Following the recent developments in connection with the Coronavirus (COVID-19), we hereby inform you of the measures that we have taken to ensure the continuity and quality of the services we provide to you.
    Read More

Leave a Comment

Top