Holtzbrinck Ventures Gmbh

MUNICH, January 11, 2011 - Holtzbrinck Ventures is pleased to confirm that it has closed its fourth Fund, HV Holtzbrinck Ventures Fund IV at EUR177m, raising capital from both Verlagsgruppe Georg von Holtzbrinck ("Holtzbrinck") and funds managed by HarbourVest Partners, LLC ("HarbourVest").