These were the 10 biggest European tech stories this week

These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories this week

Happy Friday!

This week, our research team tracked more than 50 tech funding deals worth over €750 million, as well as more than 10 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey.

Meanwhile, here's an overview of the 10 biggest European tech news items for this week:

1) Last year, New York-based Insight Partners invested $500 million in cloud data management company Veeam. This week it announced it has acquired the Swiss startup for $5 billion.

2) Insight Partners has also agreed to buy Israeli IoT security company Armis for approximately $1 billion.

3) Stockholm-based digital healthcare provider KRY scored €140 million in funding from Canada’s largest single-profession pension plan and existing investors Index Ventures, Creandum and Accel.

4) Paris-based sustainability ratings provider EcoVadis, whose systems help businesses manage and monitor environmental, social and governance risks across their supply chains, has landed a $200 million growth investment from a unit of global private-equity firm CVC Capital Partners.

5) Israeli business analytics software company Sisense has raised over $100 million in a financing round from ClalTech, Bessemer Ventures, Battery Ventures and Insight.

6) French Economy Minister Bruno Le Maire on Monday warned the United States against any retaliation to France’s new digital services tax.

7) London-based mthree, an education services provider that aims to fill the widening gap between demand and supply of top IT talent, has been acquired by US-listed group John Wiley & Sons for nearly £100 million.

8) Email and data protection company Mimecast has acquired Israeli digital threat protection company Segasec.

9) UK-based Electronic Theatre has secured £8.6 million in Series A funding in a round led by Project A and Index Ventures, and joined by the likes of Sweet Capital and JamJar Investments, to develop its “new digital entertainment platform”.

10) Liquidity Capital, the Israel-based providers of unlimited unsecured, non-recourse, no-dilution growth capital, has announced a $12.5 million funding agreement with Resident, a direct-to-consumer e-commerce retailtech startup.

Podcast: Podcast #150: Russia’s FAS investigates, startups making roads better, Google abandons “Double Irish,” wannabe kidfluencers

Bonus link: Breakout List 2020: Startups to work for in Europe (Seedtable)

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