Israeli Intsights, an intelligence-driven security provider for cyber threats, has raised $15 million in Series B funding. This latest investment comes soon after the company’s Series A round of $7.5 million in August. The round was led by Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro and Vintage Investment Partners.
These were the 10 biggest European tech stories this week
Austria fintech startup Finnest has announced a funding round of €1 million led by Maxfield Capital along with existing investors Speedinvest and a number of angels. Vienna-based Finnest is a loan platform for SMEs and is currently active in the DACH region with plans to launch in its first non-Germany speaking market in the coming […]
General Electric Digital has acquired Israeli Nurego, a company that supports business operations for IoT networks linking industrial machines.
Empow, an Israeli cybersecurity startup, has raised $9 million to open a new Boston office and boost its planned expansion in North America. The company declined to name the investors. The Boston office will cover sales and support operations. The company said it currently has four beta customers in North America and one in Europe […]
Portuguese ecommerce startup PepFeed has been acquired by fellow Portuguese startup Followprice. No figures were disclosed. PepFeed’s big data analytics solutions for online shopping assistance will integrate with Followprice, which builds ecommerce price tracking products and works with more than 350 online sellers. Investors in PepFeed include Portugal Ventures and SkyBusiness. “We understood that we […]
The Priceline Group has signed a deal to acquire UK and Denmark-based travel search site Momondo Group for $550 million in cash. Momondo offers a metasearch engine for hotels, flights, and cars in Europe. Priceline bought the company from its previous owner Great Hill Partners, a private equity firm that invested $130 million in the Momondo Group in 2014 taking a majority stake.