Today in Germany: Zalando, Cisco, eGym

Zalando-Playday
Zalando-Playday

Zalando is more than just a fashion online shop

While many may still think of Berlin-based fashion giant Zalando as an online shop, the company is actually trying very hard to become a platform where people can connect to fashion instead of just buying. That includes working together with brands e.g. on online and mobile storefronts, payment solutions, and delivery options.
[Tech.eu]

Cisco invests in Berlin for it to become a smart city

Cisco and the Berlin Senate Department for Economics announces a deal over the weekend. The MoU (memorandum of understanding) covers mHealth, cyber security and building a general network infrastructure for the platform. Besides that, Cisco will invests $500 million in Germany’s national Deutschland Digital initiative. Over the next three years, Cisco plans e.g. to push the testing of 5G networks.
[geektime]

eGym raises $45 million

Munich-based eGym announced a $45 million Series C round. The startup offers cloud-connected gym equipment, a software and a training app. Having started in 2012, 1,000 of Germany’s 6,000 gyms already use the product, e.g. Fitness First. The round was led by a new investor: HPE Growth Capital. Existing investors also joined.
[TechCrunch]

Image: Alex Hofmann / Gründerszene