IT expert Michael Urban is expected to support plugilo with his expertise.
DCI Database for Commerce and Industry AG carried out a strategic capital increase and, in the process, gained IT industry expert Michael Urban as a new investor. This development is intended to accelerate the international expansion of the plugilo platform.
What is plugilo?
plugilo is a networking platform developed by DCI AG. It enables companies to share and find information and content more efficiently. The platform works in a similar way to social media, but is specifically tailored to the needs of business customers (B2B) and consumers (B2C).
The platform helps companies market their products and services more effectively and provide their sales partners with up-to-date information. Information is presented in the form of compact “playing cards” that are grouped into card stacks. This visual format enables quick and clear absorption of information. The plugilo symbol can already be found on many websites. it-daily.net is also part of the network.
A “plugilo plug” can be integrated into any website. It appears next to relevant terms such as brand names or product numbers. When a user hovers over it with the mouse, the corresponding information card is displayed.
Users can collect the information cards in an app and share them with others, making it easier to distribute product information. Integration for partners: sales partners can easily integrate plugilo widgets into their own websites. This is done by inserting a code snippet provided by plugilo. The display can be flexibly customized. Manufacturers can also set up an approval process to control which content appears in their partners’ widgets. This makes it possible to manage product information in a highly targeted way.
plugilo – How manufacturers boost their business through partners
Capital increase for further development
With the approval of the Supervisory Board, the Management Board of DCI AG increased the company’s share capital by EUR 133,014 to a total of EUR 1,463,163. The new shares were successfully placed, and the proceeds are to be invested specifically in the further development and global scaling of plugilo.
Michael Urban: Experienced industry expert on board
As a new investor, Michael Urban brings not only capital to DCI AG, but also decades of experience and an extensive global network. His career includes leadership positions at renowned companies such as Actebis (now ALSO), Tech Data, and SYNNEX. Urban played a key role in the merger of SYNNEX and Tech Data, one of the world’s largest IT distributors.
Urban’s expertise will be particularly important for the development of plugilo Inc. in the United States. He is expected to play an active role in the further development of plugilo and use his global contacts to help establish the platform internationally.
Michael Mohr, founder, major shareholder, and long-standing CEO of DCI AG, is also underscoring his confidence in the future of plugilo through his participation in the capital increase.Outlook: International expansion and scaling
With the establishment of plugilo Inc. in the United States and the planned functional enhancements, DCI AG is pursuing an aggressive growth strategy. Further investment rounds for plugilo Inc. are already being planned in order to drive global scaling. The goal is to expand plugilo’s functions for both B2C and B2B applications and establish the platform worldwide.