The story
Founded by Ibrahim Evsan and Thomas Bachem on Apr 2006.1
The company was founded in April 2006 by Ibrahim Evsan, Thomas Bachem, Axel Schmiegelow's Venture firm dw capital gmbh, and K2 Interactive GmbH of Akgün and Tamer Kulmac. The Video Player technology the company was founded with had been developed since Fall 2005 by Ibrahim Evsan and Thomas Bachem. dw capital invested the first seed funds of 250.000,- € at foundation of the company. K2 ceased having any active role in the company in August 2006. Axel Schmiegelow developed the Licensing and Business Model as a co-founder and became CEO in August / September 2006. Andreas Heyden, in-house founder of sevenload competitor Clipfish at RTL Group, joined the company as COO in 2007.
Company executives at the time were Axel Schmiegelow (CEO) and Andreas Heyden (COO). Company investors are T-Online Venture Fund, DLD Ventures (Burda), Media Ventures, Martin Varsavsky and dw capital GmbH. The Co-founders Ibrahim Evsan (former CTO) and Thomas Bachem (former Director Technology) left the company in September 2009 to start a new venture.
On December 15, 2010, the German newspaper Handelsblatt reported that DLD Ventures, as part of Burda Digital, had taken over the shareholding of T-Venture Funds, effective December 17, 2010 and thereby gained a majority stake in the company. As a result of this transaction, the company's management structure and supervisory board changed: Andreas Heyden assumed the position of CEO in the company's management team from Axel Schmiegelow, who took on a new role in sevenload's supervisory board. In addition, Dr. Jörg Lübcke, managing director of Burda Digital, joined the supervisory board along with Dr. Marcel Reichart and Axel Schmiegelow.
According to the reports, the former investors Media Ventures and Martin Varsavsky made their exit and only DLD Ventures as well as dw capital are the remaining company investors. In summary, the exact share holder structure of sevenload and involvement of other investors remains unclear.
On July 6, 2011, Manfred Ruf became CEO of Sevenload
In spring 2014 Burda Digital tried to sell Sevenload, but didn't succeed; subsequently, on April 4, 2014, the site went offline.
From Wikipedia’s article on Sevenload, shared under CC BY-SA 4.0.4