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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 […]
Snowplow Analytics, a London-based startup that helps businesses collect and own their customer data, has closed a £4 million funding round from research-led VC firm MMC Ventures. Motivated from their own frustration when trying to use legacy analytics tools, Alexander Dean and Yali Sassoon founded Snowplow in 2012. The result is an open-source platform that […]
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 […]