The German startup Bexio, a provider of cloud-based software for SMEs, has raised €7 million. The funding comes from Swisscom Ventures and existing investors Redalpine Venture Partners AG and Armada Investment AG.
Israeli Earnix, which provides predictive analytics software for the financial services industry, has raised $13.5 million. The investment comes from Jerusalem Venture Partners, Vintage Investment Partners and Israel Growth Partners. Haim Shani, general partner of IGP, was named a director of Earnix.
Gothenburg-based app developer and software company AppSpotr has seen a 30 percent increase in stock value after their debut on the stock market on Monday.
French email software provider Alinto has received €2.3 million from Cic Lyonnaise De Banque and has merged with Swiss anti-spam filtering company Cleanmail.
Europe’s software industry brings a total value-added GDP of €910 billion to the EU’s economy, whether direct, indirect, or induced, according to a report from BSA, The Software Alliance. The report – conducted by The Economic Intelligence Unit (EIU) – lays out the case for further stimulating software development in Europe as “a catalyst for […]
Cisco will acquire Acano, a privately-held company based in London that provides collaboration infrastructure and conferencing software, for $700 million in cash and assumed equity awards, plus additional retention-based incentives for Acano employees who join the American IT giant. Acano’s hardware and software includes gateways, and video and audio bridging technology that allows customers to […]
Antwerp, Belgium-based software startup Sentiance (né Argus Labs) has raised $5.2 million in financing in a round led by Samsung’s $100 million Catalyst Fund, with prior backers such as Volta Ventures, Qbic, Nova Participations and Pamica chipping in. The fresh funding round was first reported this morning bij De Tijd. In May 2013, Sentiance raised […]