Israeli-founded open source security management company WhiteSource has raised $35 million in a funding round led by Susquehanna Growth Equity, with participation by existing investors 83North and M12 (formerly known as Microsoft Ventures). This capital injection brings the total amount attracted by the company to $46 million. WhiteSource works with enterprise customers to monitor and […]
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 […]
The recent news about Microsoft acquiring GitHub for $7.5 billion has resulted in quite some dismay on the software developers’ side. Although it’s not likely that GitHub will suffer the same fate as Skype, which is borderline unusable these days, a lot of people seem to have migrated, or at least backed up their data […]
Snyk, a security solution for open source software, has raised $7 million in Series A funding led by Boldstart Ventures and Canaan Partners with participation from Heavybit, FundFire, and Peter McKay, CEO of Swiss IT firm Veeam. UK-based Snyk builds security solutions that secure open source libraries used by developers. It currently supports 20 languages […]
Open source software firm Open-Xchange has raised €21 million from Iris Capital and eCapital to boost its growth. The new funds will be invested in building Open-Xchange’s development, engineering, and technical support teams to focus on its DNS and email services and expand its partner and customer network globally. The Nuremberg company’s clients include GoDaddy, […]
Swiss data science company KNIME, which offers open-source solutions, announced it has received €20 million from the equity investor INVUS.
German open-source database developers ArangoDB has secured €2.2 million in a round led by Target Partners. The funding will be used to accelerate growth for its multi-model databases and boost international expansion. ArangoDB currently stands with 1.1 million downloads this year and released an enterprise edition recently. Startups and academic institutions alike are using ArangoDB’s […]