Finland’s Flashnode raises €2 million to begin entering new markets

Business process automation software startup Flashnode has raised €2 million led by Spintop Ventures. Other investors in the round include Seedi, Accounting EMU, Peter Therman, Jaana Rosendahl, Angelma-Mäkelä Oy, Ari Korhonen, and Kirsi Eräkangas. The Finnish company has been scaling its SaaS product in Finland and intends to enter the UK market. So far it […]

French SaaS company Algolia raises $53 million led by Accel

French-founded web search infrastructure firm Algolia has raised $53 million in a Series B round led by Accel. New investors that participated in the round include SaaStr, Intercom CSO Des Traynor, InVision CEO Clark Valberg, and AppDynamics chairman Jyoti Bansal alongside existing investors Alven Capital, Point Nine Capital, and Storm Ventures. Algolia provides tools on […]

German real estate software firm Propertybase acquired by Boston Logic

German SaaS firm Propertybase has been acquired by US software company Boston Logic Inc. No terms were disclosed. The Munich-based company provides CRM and marketing software for the real estate sector with offices in the US and Australia and clients in 60 countries. Boston Logic provides online marketing tools for real estate. This is its […]

Paddle and DevMate announce merger to create single platform for software businesses

Ecommerce SaaS platform Paddle has merged with MacPaw’s DevMate, a software development platform. No terms were disclosed. Together the two companies will create one single platform for ecommerce and development for software businesses. London’s Paddle is acquiring DevMate’s technology, which will be absorbed into Paddle (team pictured) and will operate under that brand. DevMate’s team […]