Klaus Lovgreen

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Klaus Lovgreen

Klaus Lovgreen, July 2010
Born Klaus Henrik Løvgreen
(1969-04-05) April 5, 1969
Helsingør, Denmark
Residence Monte-Carlo, Monaco
Nationality Danish
Occupation Director of evershift
Website
Klaus Lovgreen

Klaus Lovgren (born April 5, 1969) is a Danish entrepreneur who founded AME Info in 1996 which was acquired by Emap plc in 2006.[1] In 2011 he founded evershift focusing on private investments, music rights[2] and digital content development.

Personal life

Klaus grew up in Fredensborg, Denmark where he attended public school at Endrupskolen, graduated from Espergærde Gymnasium in 1988 in mathematics and graduated as a Bachelor of Commerce and Marketing in 1990 from Hillerød Handelsskole.

Career

Startups

Klaus founded Arabian Modern Equipment Est. in Abu Dhabi in 1993 together with Saif Al-Suwaidi.[3] In 1996 they launched AME Info as a CD-ROM business directory as well as an online service for the Middle East. Klaus was one of the pioneers in mobile content for the region already in 1999 by developing Wireless Application Protocol (WAP) compliant content [4] and later in 2000 through a partnership with iSyndicate.[5]

In the early 2000 AME Info became one of the main online providers of business and financial information in and about the Middle East[6] and was the first online media in the region to be audited by the Audit Bureau of Circulations (UK) in 2005[7] and conducted regular audits[8] since then to pinpoint that the online media industry in the Middle East is genuine and measurable.

AME Info was awarded Superbrands status in the United Arab Emirates for the first time in 2005.[9][10]

In March 2005, HSBC Private Equity Middle East Ltd.[11][12] acquired a significant equity stake in AME Info FZ LLC and on the 4th of July 2006, London-based Emap plc (EMA.L) announced that Emap Communications, its business-to-business (B2B) division, acquired AME Info for a cash consideration of $24m with further deferred cash consideration payable of up to $5m.[13][14] [15]

Following its sale to EMAP Klaus founded RingtoneFeeder [16] with musician Geoff Smith in April 2008 with the aim to be a subscription based service where customers would receive 2 original ringtones every week via an RSS feed.[17] RingtoneFeeder got a fair bit of coverage particularly in the tech world in the US[18] and reached top positions in iTunes on multiple occasions.[19]

Klaus founded evershift in April 2011 to continue to make direct investments in technology companies, the first was a significant investment into APSU [20] - a merged managed services and infrastructure business in the UK. Klaus is representing evershift on the board of directors.[21] In 2012 Klaus also joined the advisory board on behalf of evershift in The Royalty Exchange.[22]

See also: evershift

Investments

Klaus became an Investor in several companies including Wordy,[23] Everbread,[24] Oxis Energy, Gridiant, Malaysia.com[25][26] and seed investor in Tradeshift in 2009.[27] In 2009, he made the 'Top Angels' list on TechCrunch[28] with three deals of unknown value.

In 2011 the Telegraph[29] named him 55th most influential technology investor in Europe.

References

  1. ↑ Terazono, Emiko (2006-05-07). "Emap buys Dubai group". Financial Times. 
  2. ↑ The Royalty Exchange Shifts into Gear
  3. ↑ Bloomberg Executive Profile
  4. ↑ Making money on mobile
  5. ↑ AME Info achieves some global recognition
  6. ↑ Klaus Lovgreen, MD for AMEInfo.com accepts his award
  7. ↑ AME Info 'first' in the Middle East to get e-audit
  8. ↑ Addington, Tim (2005-12-04). "E-audit reveals dramatic rise in users for business website". 
  9. ↑ "AME Info awarded Superbrand status". Maktoob. 2005-05-22. Retrieved 2011-05-31. 
  10. ↑ AME Info Superbrand profile
  11. ↑ "HSBC unit invests in AME Info". Gulf News. 2005-03-09. 
  12. ↑ HSBC's equity announcement
  13. ↑ Terazono, Emiko (2006-05-07). "Emap buys Dubai group". Financial Times. 
  14. ↑ Emap Communications acquires Middle Eastern business news and information service
  15. ↑ Emap deal signals ME ambition
  16. ↑ About RingtoneFeeder
  17. ↑ RingtoneFeeder supplies your iPhone with ringtones
  18. ↑ RingtoneFeeder in the Media
  19. ↑ RingtoneFeeder tops iTunes
  20. ↑ Apex Computers and AssurIT Announce Merger
  21. ↑ APSU Management and Board of Directors
  22. ↑ The Royalty Exchange Advisory Board
  23. ↑ Wordy's founding team
  24. ↑ Crunchbase
  25. ↑ Malaysia.com Sells for $400,000
  26. ↑ Malaysia Travel Inc
  27. ↑ Tradeshift Team
  28. ↑ Top Angels of 2009
  29. ↑ The 100 most influential technology investors in Europe

    External links

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