ShortPixel Acquires ReSmush.it
ShortPixel, a Bucharest, Romania-based image optimization company, acquired ReSmush.it, a French provider of free image optimization tools.
ShortPixel, a Bucharest, Romania-based image optimization company, acquired ReSmush.it, a French provider of free image optimization tools.
Druid, a Bucharest, Romania-based conversational AI technology company, raised $30M in Series B funding.
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, a New York- and Warsaw, Poland-based venture capital firm, has launched ff Red & White, a new €60m fund.
FlowX.AI, a Delaware-based AI enterprise application modernisation platform for large financial services organizations, raised $35m in Series A funding.
Encora, a Scottsdale, AZ-based global next-gen digital engineering provider, is to acquire Softelligence, a Romanian software engineering services provider.
PartnerHero, a global customer operations outsourcing company, acquired Summatti, a Waterloo, Ontario, Canada-based conversation intelligence platform for an undisclosed amount.
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, a New York-based provider of an open and infrastructure-agnostic platform, raised $2.8M in Pre-Seed funding.
GlobalLogic, a San Jose, CA-based Hitachi Group and Digital Engineering company, acquired Fortech, a Cluj-Napoca, Romania-based software engineering services company.
Coinzix, a Bucharest, Romania-based cryptocurrency exchange, raised $300k in funding.
Cyscale, a Cluj-Napoca, Romania-based graph-based cloud security analysis company, raised €3M in funding.
Druid, a Bucharest, Romania-based end-to-end platform for building AI-driven conversational business applications, raised USD15m in funding.
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 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.