Frontity tech.eu

Madrid-based Frontity raises €1 million from Automattic, WooCommerce and Tumblr for open-source framework

Madrid-based startup Frontity, creator of an open-source framework for developing WordPress themes, has raised €1 million in seed funding. The round was led by Automattic, WordPress.com’s parent company, WooCommerce, Tumblr, and K Fund. A group of Spanish angel investors also participated. The Spanish startup has been developing an open-source JavaScript framework for WordPress, the CMS […]

Aiven tech.eu

Helsinki-based Aiven raises $40 million to build its cloud services from Boston and San Francisco

Aiven, a Helsinki-based cloud technology startup, has raised a $40 million Series B round led by the Silicon Valley-based Institutional Venture Partners (IVP), with participation from Earlybird and other investors. Founded in 2016, the Finnish company has built an automated cloud operations platform, turning open-source distributed data systems into cloud services. With the software, developers […]

SNyk tech.eu

London’s Snyk lands $150 million Series C to expand its developer-first security software

Snyk, the London-based software helping developers build security into their products, has raised a whopping $150 million Series C round, funded by Stripes, Coatue, Tiger Global, BoldStart, Trend Forward, Amity and Salesforce Ventures. “In this age of software-driven everything, DevOps and cloud, the responsibility of security needs to expand — from a siloed approach with […]

New VEctor tech.eu

New Vector to scale open-source alternative to WhatsApp and Slack, where users own their data

New Vector has announced $8.5 million in funding to scale its open-source, secure communication network, a bid to revolutionise data privacy and ownership in the messaging app space. The investments come from European VCs who specialize in enterprise tech: Notion Capital, Dawn and firstminute capital. Necessary for understanding New Vector’s business is to first understand […]

OpenOcean VC: Funding the future of European data companies

Big data, has been called by some to be the “new oil“. While others challenge that association, it is abundantly clear that innovations that harness the power of big data have an incredible opportunity to build some of the most exciting technologies of tomorrow. OpenOcean VC is a European investor working to propel companies in […]