Scottish startup Kindaba secures funding, adding to the total of €270 million poured into “family tech” since 2015

Kindaba, an Edinburgh-based private visual messenger for families, has announced a new investment from Skyscanner founder Gareth Williams to grow their user base and development capabilities. A product of Edinburgh’s Seed Haus accelerator, Kindaba offers families a way to stay connected without the intrusion of advertisements. The initial concept for the company began in 2015, when […]

French energy intelligence startup METRON raises €8 million

Paris-based industrial energy efficiency-focused startup METRON has landed €8 million in funding from BNP Paribas, Financière Fonds Privés, and the existing shareholder Breed Reply. This round brings the total amount raised by METRON to some €12 million. The METRON-EVA (Energy Virtual Assistant) platform provides real-time mapping of energy flows for factory floors and other industrial […]

Israeli open source security company WhiteSource secures $35 million

Israeli-founded open source security management company WhiteSource has raised $35 million in a funding round led by Susquehanna Growth Equity, with participation by existing investors 83North and M12 (formerly known as Microsoft Ventures). This capital injection brings the total amount attracted by the company to $46 million. WhiteSource works with enterprise customers to monitor and […]

Samsung acquires Barcelona-based Zhilabs to grow its 5G capabilities

Barcelona-based Zhilabs, an AI-based network analytics and customer experience management startup, has been acquired by Samsung Electronics for an undisclosed amount. The acquisition will help Samsung to expand its 5G offerings in automation and network analytics. In the 5G era, AI-based automation will play a central role in the introduction of new services such as industrial […]