The Munich-based technology company baimos technologies GmbH has completed a financing round with a seven-figure result. Investments were made by HCS Beteiligungsgesellschaft, High-Tech Gründerfonds (HTGF), and Bayern Kapital. The stated goal of the investment: to support the company's growth.
With its BlueID product, baimos offers secure authentication via smartphones and smartwatches. In 2007, baimos won the Munich Business Plan Competition.
Baimos CEO Philipp Spangenberg says:
"We are very pleased about the partnership with HCS Beteiligungsgesellschaft and, above all, can benefit from their strategic conception and expertise. With this investment, we will drive further growth of the company to further advance our success."
Hans-Christian Semmler, Managing Director of HCS Beteiligungsgesellschaft GmbH, commented:
"We are very optimistic about the future developments of baimos technologies and their product BlueID in our IoT world. Baimos technologies therefore perfectly complements our portfolio – we look forward to being part of their success."
