POELLATH advises Digital Publishing on EUR 5 million financing round

Digital Publishing has been developing and marketing the cloud-based B2B language learning platform 'Speexx' since 2012, a learning-from-anywhere platform that combines AI-based analysis of needs, assessment, adaptive learning, constant performance support and HR tools. Other USPs include the ability to integrate technically with third-party systems, tools for HR and personnel development, and numerous technical innovations such as IntelliSpeech speech recognition software, AI-based VideoLab, and a proprietary technical platform for video instruction. According to the company, the platform is now used by around 1,000 companies and organizations and has around 8 million users, including international companies such as UBS, Merck and Volkswagen, institutions such as the UN and the European Central Bank, and the public sector, such as Swiss government organizations. Speexx is completely digital and works on all technical platforms and devices. The company is headquartered in Munich, with offices in London, Madrid, Milan, Paris, Sao Paulo, New York and Shanghai.

With EUR 300 million in investment volume, BayBG is one of the largest private equity firms in Germany. In addition to venture capital, BayBG offers medium-sized companies equity capital (equity and/or mezzanine) across all company stages and funding opportunities. Currently, the venture capital portfolio consists of 36 technology companies.

Ventech is a European venture capital investor. Since its inception in 1998, Ventech has been financing highly innovative digital companies and has a track record of more than 200+ investments and 80+ exits; the firm has offices in Paris, Munich, Helsinki, Shanghai and Hong Kong.

POELLATH provided comprehensive legal advice to Digital Publishing with the following team:

• Christian Toenies (partner, lead, M&A/VC, Munich/Berlin)
• Dr. Sebastian Gerlinger (counsel, M&A/VC, Munich/Berlin)
• Markus Döllner (senior associate, M&A/VC, Munich)