Finnish open source software company Aiven has raised $100 million in a Series C round that values the firm at north of $800 million. The financing round was led by Atomico, with participation from Salesforce Ventures and World Innovation Lab as fresh investors. Prior backers Earlybird Venture Capital and IVP also ‘significantly increased their capital […]
Editor’s Note: this is a guest post from Johannes Landgraf, who founded O4B, the first conference on European commercial open source.) When it comes to commercial open source, Europe is home to powerful, largely untapped potential that can transform the way corporations deploy & teams build technology. Almost all successful companies that have demonstrated significant […]
(Editor’s note: This is a sponsored article, which means it is independently written by our editorial team in collaboration with, and financially supported by another organisation, Parimatch. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you are interested in partnering with us.) About a month […]
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 […]
London-based data solutions company SoftIron has raised $34 million in a Series B round led by its co-founder, Norman Fraser, with support from existing investors. Fraser has had two previous wins in tech entrepreneurship, Vocalis and Endava, which both had IPOs and reached unicorn valuations. Co-founded by CEO Phil Straw, Mark Chen and Fraser, the […]
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, 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 […]