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Friday 2 December 2011

Doo.net Gets $6.8M To Reinvent Office Paperwork — Oh Yes

For the last few months there’s been a a lot of chatter about a big play coming to aim at the world of collaboration and documents. What on earth could someone do that is new in this space, I hear you ask? Well, that’s a fair point, but for whatever reason they’ve just secured a substantial $6.8 million first round investment to do it and we’ve just been tipped of that their beta version beta has gone live. Doo.net has secured this first round from from DuMont Venture and Angel investors Dr. Hermann Simon and Lars Hinrichs.


Doo is aimed at consumers and small businesses. It lets you send, receive, share, process, organize, securely archive and access digital documents from any device. The idea is to have good looking apps for OS X, iOS, Android, Windows and Windows Phone as well as for the Web.
So what’s different compared to similar platforms like Salesforce? Well, it’s aiming to fetch and process data from most major players like telcos, banks, public utilities, be integrated with major storage players like dropbox; and offer workflows like signing, paying, and so on. And they want to make it look good.
CEO Frank Thelen created Doo he says because “I was fighting with receipts, contracts, invoices.”
Backer Dr Hermann Simon, is a founder and chairman Simon-Kucher & Partners and author of several best- sellers such as “Hidden Champions”. Hinrichs is found of LinkedIN competitor Xing.com which he’s since exited. Meanwhile, Jörg Binnenbrücker of DuMont Venture is backing the startup because “We rarely see disruptive software innovation in Europe with the potential to become a major global player.”
Big words, we shall see…

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