Cyolo, an Israeli network security SaaS platform, has emerged from stealth mode with a $4.2 million seed round, led by Flint Capital and joined by Global Founders Capital, Differential Ventures and private investors. “Cyolo introduces a new concept of a secure business connection that is not network bound,” says Almog Apirion, the company’s co-founder and […]
This week, Andrii Degeler, Robin Wauters, and Sebastien Toupy (TNW) discuss the topic of hackathons and whether they are indeed able to produce solutions the world needs in times of crisis. The featured interview is a conversation with Alex Theuma, founder and CEO of SaaStock talking about the reaction of the event industry to the pandemic.
Stockholm-based customer engagement platform Sinch has bought Wavy, a Brazilian business messaging tool, to expand the Swedish company’s influence in Latin America. The deal, which should close next quarter, includes a total cash consideration of BRL 355 million (nearly €60.5 million) and 1,534,582 new shares in Sinch. Two elements of Brazilian company were valuated separately: […]
Queue-it, a Danish startup creating virtual waiting rooms to preserve website performance, has raised a strategic investment from GRO Capital, a VC that typically invests in Northern European software companies. GRO, now a new majority shareholder, has agreed to invest further capital as the tech company grows. The SaaS platform provides online queueing services to […]
UnderPinned, a London-based startup creating a career platform for freelancers, has raised £500,000 in a three-week campaign on Crowdcube. In exchange, the company offered up a total of 8 percent equity to the 232 backers. Launched two years ago by now 23-year-old Albert Azis-Clauson, the career management platform is designed to be a one-stop shop […]
Oxx, the investment firm focusing on B2B companies from the UK, the Nordics, and Israel, has raised $133 million to invest venture capital in SaaS companies, from the point of Series A onward. Founded by Richard Anton and Mikael Johnsson, the firm focuses on five main themes: data convergence and refinery, the future of work, […]
Spanish startup Arengu has raised €500,000 in pre-seed funding for its low-code customer onboarding tool. The round was led by K Fund, with participation from Lanai Partners, angel investor Rafael Garrido, and VIKO, a digital marketing group. The startup aims to develop a password-free online sign-up process. Arengu allows companies to create and control online […]