Founded in 2000, E-Loft AG went out of business. E-Loft is a network of students across Berlin (Germany), London (UK), Paris (France), Madrid (Spain), Milan and Rome (Italy) that meet on the web and in large spaces in major cities. E-loft is also an internet site that is developed by both students and professionals. The website offers students and professionals to create an online community based on areas of focus, for example multimedia and communication, journalism, music, art, etc., essentially the company is aiming to develop communities of students and professionals interested in new media, offering members of the community the opportunity to work off-line in the E-Lofts or on-line to develop their own ideas. E-Loft is an education service provider, providing Internet services and functionalities in education for students and high schools. The company provides these services through several avenues, firstly, by helping students and other academics structure their research more efficiently, and secondly, E-Loft offers schools Internet-based tools aimed at helping students learn.