Piano Media receives new investment
Slovak Piano Media received a further round of financing from Austrian aws Gründerfonds and 3TS Cisco Growth Fund. While the amount of the investment remains undisclosed, for 3TS it was already the second investment into the startup that recieved about two million euros from the Growth Fund und in 2012. Piano Media operates a paywall system for online media and will use the investment to expand to the DACH area. The German newspaper Neue Osnabrücker Zeitung is among the first ones from this region to use the Piano system. With the new investors Piano Media also relocates its headquarter from Bratislava to Vienna.