Danish-founded log analysis startup Humio raises $9 million

Aarhus-based real-time log analysis startup Humio has raised $9 million in a funding round led by Accel. The company claims to have seen 13-fold revenue growth in 2018 and lists companies including Bloomberg, Microsoft, Netlify, Lunar Way, SpareBank 1, On the Dot, and Logibec. Founded in 2016, Humio currently has offices in Aarhus, London, and […]

German-founded application monitoring startup Instana secures $30 million

Instana, a German startup that automates application performance monitoring, has secured $30 million in a funding round led by Meritech Capital with participation from Accel, which also led its previous $20 million round. The capital injection will be used to expand the company’s product line. Instana’s APM solution is there to monitor the performance of […]

The UK-based startup Snyk raises $22 million to automatically protect open-source software from vulnerabilities

London-headquartered startup Snyk has raised a $22 million Series B round of funding led by Accel, with participation from GV and existing investors Boldstart Ventures, Heavybit, and others. The startup claims to have reached a fivefold revenue growth over the past nine months with over 200 paying customers, including ASOS, Digital Ocean, and Skyscanner. The […]

UK-based lending platform Funding Circle plans a £300 million London IPO

Funding Circle, a UK-founded peer-to-peer lending platform for small businesses, has announced its intention to raise £300 million by listing on London Stock Exchange. The IPO would value the company at up to £2 billion, the Financial Times reported earlier this year. Founded in 2010, Funding Circle offers loans of £50,000 to £500,000 to small […]

Maltese HTML5 games publisher FRVR raises $3 million from Accel

Malta-based FRVR, a game publisher behind a number of big HTML5 titles, has secured a $3 million funding round led by Accel, with participation from the Makes Fund, Paul Heydon, David Helgason, and other angel investors. FRVR specialises in “hyper-casual” HTML5 games that run in browsers on any device and can be ported to different […]

French developer tool startup Zenaton raises €2 million

Zenaton, a French startup founded in September 2017, has raised €2 million in a funding round led by Accel and Point Nine Capital for a toolkit that helps developers build workflows. The other participants in the round were the Slack Fund, Kima Ventures, and business angels including Julien Lemoine, CTO and co-founder of Algolia, and […]