Bitmanagement Software GmbH was founded by former client team of blaxxun interactive AG. blaxxun interactive AG has been a 100% daughter company of blaxxun interactive Inc, both founded in 1995 and financed by CMGI. Major investor in the latest financing round of blaxxun interactive Inc has been GE Equity, London, in April 2001.

The company Bitmanagement Software GmbH was founded in July 2002. Bitmanagement is located near Munich in Berg, Germany. The company generated in total positive results since foundation and is cash-flow positive. It has developed a product portfolio for the growing market of Online-3D.