ShortPixel Acquires ReSmush.it
ShortPixel, a Bucharest, Romania-based image optimization company, acquired ReSmush.it, a French provider of free image optimization tools.
Romania
Druid Raises $30M in Series B Funding
Druid, a Bucharest, Romania-based conversational AI technology company, raised $30M in Series B funding.
Bitdefender Closes Acquisition of Horangi Cyber Security
Bitdefender, a Bucharest, Romania-based provider of a risk and security analytics platform, completed its acquisition of Horangi Cyber Security, a Singapore-based provider of Cloud Infrastructure Entitlement Management (CIEM) and Cloud Security Posture Management (CSPM) solutions.
ff Venture Capital Launches €60M Fund
ff Venture Capital, a New York- and Warsaw, Poland-based venture capital firm, has launched ff Red & White, a new €60m fund.
FlowX.AI Raises USD35M in Series A Funding
FlowX.AI, a Delaware-based AI enterprise application modernisation platform for large financial services organizations, raised $35m in Series A funding.
Encora Acquires Softelligence
Encora, a Scottsdale, AZ-based global next-gen digital engineering provider, is to acquire Softelligence, a Romanian software engineering services provider.
PartnerHero Acquires Summatti
PartnerHero, a global customer operations outsourcing company, acquired Summatti, a Waterloo, Ontario, Canada-based conversation intelligence platform for an undisclosed amount.
Arobs Acquires Future WorkForce
Arobs Transilvania Software, a Cluj-Napoca, Romania-based technology company listed on the Bucharest Stock Exchange, acquired Future WorkForce Global (FWF) group, which specializes in providing intelligent automation solutions through Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML).
Kubeark Raises $2.8M in Pre-Seed Funding
Kubeark, a New York-based provider of an open and infrastructure-agnostic platform, raised $2.8M in Pre-Seed funding.
GlobalLogic Acquires Fortech
GlobalLogic, a San Jose, CA-based Hitachi Group and Digital Engineering company, acquired Fortech, a Cluj-Napoca, Romania-based software engineering services company.
Coinzix Raises $300K in Funding
Coinzix, a Bucharest, Romania-based cryptocurrency exchange, raised $300k in funding.
Cyscale Raises €3M in Funding
Cyscale, a Cluj-Napoca, Romania-based graph-based cloud security analysis company, raised €3M in funding.
Druid Raises USD15M in Funding
Druid, a Bucharest, Romania-based end-to-end platform for building AI-driven conversational business applications, raised USD15m in funding.
Glovo Makes Multiple Acquisitions of Delivery Hero in Central and Eastern Europe
Glovo, a Spanish on-demand delivery platform, will acquire multiple of Delivery Hero’s group companies in a series of separate acquisition deals, worth a total value of €170m.
Private Equity Firms Invest in 464 CEE Companies in 2019
Private equity firms invested in a record 464 companies in Central and Eastern Europe (CEE) in 2019. Investments increase by 7% year-on-year to €2.95 billion.