Editor’s note: This article from Ukraine Digital News was syndicated with permission. Two industry reports have been released this week, bringing fresh data and analysis about the software development industry in Eastern European countries. The first report was issued by a consortium of leading local investment firms (AVentures Capital, Aventis Capital, and Capital Times) in partnership with IT service […]
Social media recruitment automation startup SmartDreamers from Romania has raised €1.2 million in a round led by GapMinder Venture Partners, with participation by Catalyst Romania. Founded in 2015, SmartDreamers has released a platform for social media marketing automation tailored to the needs of recruiters and agencies. It streamlines publication of job ads on different websites […]
The Netherlands-based mobile data solutions provider Mondicon has acquired Romanian IoT startup Simfony for an undisclosed amount. Joachim de Wild, co-owner of Mondicon, will become the new CEO of Simfony; Stefan Anghel, formerly product architect at Simfony, will join the management team as CTO. Founded in 2014, Simfony has developed a Platform-as-a-Serice (PaaS) product for […]
The Daimler subsidiary Mytaxi continues to expand internationally and is now buying its Romanian competitor Clever Taxi. The amount of the deal was not disclosed. Mytaxi also acquired its Greek rival Taxibeat in February, after merging with the UK taxi startup Hailo last summer. The taxi-hailing scale-up is already active in 10 countries and claims over 10 million downloads since its launch in 2009.
UK-based Vector Watch has been acquired by Fitbit, a San Francisco-based company specializing in fitness wearables. The amount of the deal has not been disclosed.
A guest post from Romanian technology journalist Andrada Fiscutean, who highlights 11 homegrown startups that we should be keeping a close eye on this year.
Serial entrepreneur (RAV AntiVirus, Avangate) and investor (GECAD) Radu Georgescu shares his thoughts on the past, present and future of the Romanian tech startup ecosystem with Tech.eu.