Rockaway Capital, a venture capital firm focused on investing and building Internet companies in emerging markets, entered the U.S. market with its first office in San Francisco’s SOMA district. Led by Jakub Havrlant, CEO, the firm has invested $28M in seed stage startups across e-commerce, B2B SaaS, Fintech, and travel/transportation and has additional access to […]

Comprimato, a Brno, Czech Republic-based provider of JPEG2000 GPU-based compression solutions, raised €1m in funding. Backers included existing investors Credo Ventures and Y Soft Venture Capital. The company intends to use the funds to expand both sales as well as the technology. Founded by Jiri Matela, CEO, as a spin off from Prague-based research institute […]

Visual Unity, a Prague, Czech Republic-based provider of an OTT platform and multiscreen solution, secured $7.2m (€5.2m) in funding. 3TS Capital Partners provided the capital and acquired a minority stake. The company intends to use the funds to expand on a global scale. Led by Tomas Petru, Founder and CEO, and and Tony Hasek, Chief […]

Vladislav Jez is one of the pioneers of the Czech and CEE venture capital industry. Now, as a Partner of Prague-based Credo Ventures, he is involved in the process of building a new generation of global companies starting from that area (and recently exited Credo Ventures portfolio company Coqnitive Security to Cisco, in which Vladislav […]

Codasip, a Brno, Czech Republic-based application specific processor design tool and IP provider, closed a $2.8m in its first funding. The round was led by Credo Ventures, a venture capital firm based in the Czech Republic, with participation from multiple private investors. The company intends to use the funds to further develop its technology (accelerating […]

Brand Embassy, a Prague, Czech Republic-based social customer care platform, raised $1m in seed funding. Backers included Rockaway Capital and Spread Capital. Led by Vit Horky, Cofounder and CEO, Brand Embassy provides companies with a SaaS platform to answer customer service inquiries through social media channels such as Facebook and Twitter. The solution is used […]

Socialbakers, a Prague, Czech Republic-based provider of a social media analytics and optimization platform, completed a $26m Series C financing round. The round was led by Index Ventures, with participation from existing investors. The company intends to use the funds for product development and strengthening client support, sales and marketing in the USA and other markets. […]

AVAST Software, a Prague, Czech Republic-based consumer security software company, received a major investment from CVC Capital Partners. The amount of the deal was not disclosed. Anyways, the transaction, which is expected to close in March 2014 and value the company at $1 billion, will allow it to expand its global reach into mobile security […]

Futurelytics, a Wilmington, Delaware-based provider of a prescriptive analytics platform, raised $800k in seed financing. The round was led by Index Ventures and Credo Ventures, with participation from Kima Ventures and Rob Keve (former CEO of FizzBack). The company, created in Ostrava, Czech Republic, intends to use the funds to accelerate product development, initiate new strategic […]

Comprimato, a Brno, Czech Republic-based provider of JPEG2000 GPU-based compression solutions, raised €200k in seed funding. Backers included Prague-based venture capital firm Credo Ventures and Y Soft Venture Capital, the venture arm of Y Soft focused on seed funding. The company intends to use the funds for international sales and product offering expansion. A spin-off from […]

Socialbackers, a Pilsen, Czech Republic- and San Francisco, CA-based social media analytics company, has raised $6m in funding. The round was led by Index Ventures, with participation from Earlybird Venture Capital. The company intends to use the capital to further expand its social media measurement platform. Founded in 2009 and led by CEO Jan Rezab, Socialbakers.com provides brands […]

Socialbakers, a Pilsen, Czech Republic- and San Francisco, CA-based social and digital media analytics company, raised $2m in funding. The round was led by Earlybird Venture Capital. The company intends to use the funds to accelerate the business growth of its software-as-a-service (SaaS) based social media platform and further strengthens its position in global markets. […]