Extra funds aid httprint to buy workflow firm

Httprint has confirmed it has secured extra funding and has bought Publishers Market, a Munich-based firm that specialises in web-enabled print advertising workflow.

The 8m ($12m) has come from major shareholder Investcorp and Bertelsmann Capital Ventures, part of the Bertelsmann media group (PrintWeek, 14 June).

It will be used to develop httprints next-generation software.

Mark Porter, httprints president and chief executive, said the deal would also allow Bertelsmann to use his firms software and services across its group.

Former Publishers Market chief executive Rainer Heckman has become managing director of httprints expanded German operations, while Jan Kantowsky, managing director of Bertelsmann Capital Ventures, will join the httprint board.