Software

US market leader acquires Ukrainian-founded HR performance software startup

Earlier this month Peoplelogic, a leading US platform for “organizational success in the future of work,” announced the acquisition of Plai, a Ukrainian-founded startup headquartered in Los Angeles. Neither the amount nor other details of the transaction were disclosed. Founded in 2019 by Ukrainian entrepreneurs Andrii Bas, Sasha Chepurnoi and Oleh Kryvytskyi, Plai has developed a people …

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Ukrainian-American Zeely attracts $1 million to help entrepreneurs develop mobile business

Earlier this month Zeely announced the completion of a $1 million round of funding to develop further its mobile web store and ad builder for small business owners. The Ukrainian-founded, US-headquartered startup was backed by Vesna.Capital, Angel One Fund and ZAS Ventures, three funds with Ukrainian roots; Imaguru Ventures, based in Spain with Belarusian roots; as …

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Major Swiss company acquires Ukrainian-founded proptech startup

Earlier this month Ringier, an established Swiss media and technology company, announced the full acquisition of Homsters, a leading SaaS-provider for new property developments.  The two companies had developed a “successful strategic partnership since 2019 providing state-of-the-art technology to Ringier’s leading property portals in Switzerland and Poland,” says Ringier. Founded in Kyiv in 2015 by Ukrainian …

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Yet another Ukrainian-founded unicorn: airSlate raises more than $50 million in the US

Yesterday airSlate (previously known as pdfFiller), a Boston-based business automation software publisher, announced it secured $51.5 million in a deal that values the company at $1.25 billion. The equity round was led by G Squared with participation from the recently created venture arm of entreprise software company UiPath.  “UiPath Ventures invests in companies that impact the world …

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Ukrainian activists urge users of Russian software to replace them with Ukrainian analogs

“By paying for Russian software products, you sponsor Russian aggression toward Ukraine. Every missile that destroys the Ukrainians’ homes and takes away thousands of civilians’ lives is purchased for the taxes from the profit of Russian companies, including software developers,” says a group of Ukrainian volunteers and experts from Netpeak, a Ukrainian digital marketing agency. …

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SAP “supports Ukraine” but has “no magical button” to make Russian software licenses disappear

SAP announced today “further steps” to “support Ukraine” and “plan Russia exit.”  As announced in late March, the global enterprise software giant is in the process of shutting down its cloud services in Russia. As part of this process, “we have given non-sanctioned companies in Russia the choice to have their data deleted, sent to them, or migrated …

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Ukrainian startup Finmap nabs $1.2 million to help SMBs manage their cashflow

Last week Ukrainian startup Finmap announced the completion of $1.2 million round of funding, involving local and foreign investors. Launched in 2018, this startup has developed a cash flow management service — “simple and convenient for modern businesses, with accessible functionality and a user-friendly interface.” The solution “synchronizes with user accounts via API, allowing business owners …

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Qualcomm acquires Ukraine-born company to beef up its AR/VR development capacities

US tech giant Qualcomm has acquired Augmented Pixels, a Ukrainian-founded AR/VR software developer now headquartered in California. The news was reported by the Ukrainian media based on exchanges with Augmented Pixels representatives.  “The technologies and expertise [developed by] Augmented Pixels could help increase Qualcomm’s [capacities in the fields of] Extended Reality (XR), Mixed Reality, Virtual Reality, and Augmented …

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Ukrainian-founded startup raises $3 million to “revolutionize” online image editing

Let’s Enhance, an image processing startup born in Ukraine but headquartered in San Francisco, has just secured $3 million from three VC firms and two business angels. The investor pool included San Francisco-based Chamaeleon, which led the round; Hype Ventures, founded by Swedish-Finnish serial entrepreneur Mathias Eklöf; and Acrobator VC, co-founded by Kiev-based Dutch businessman Bas …

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Ten years after start in Ukraine, GitLab lands on Nasdaq at $11 billion valuation

GitLab, a San Francisco-based software startup founded by Ukrainian entrepreneur Dmitry Zaporozhets and Dutch-born Sid Sijbrandij, made its debut today on the Nasdaq at a valuation of $11 billion. Priced at $77 late Wednesday, the ‘GTLB’ stock opened this Thursday at $94.25, pushing GitLab’s market cap to $13.5 billion, reports CNBC. This is about 58 …

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Russian and Ukrainian roots, US exit: Jelastic acquired by Virtuozzo

Last week Jelastic, a multi-cloud Platform-as-a-Service (PaaS) company established in Silicon Valley with Russian and Ukrainian roots, announced its acquisition by Seattle-based Virtuozzo. The terms of the deal were not disclosed.  Jelastic’s cloud services combine platform and container capacities in a single package for hosting providers, enterprises and developers. Virtuozzo is a leader in virtualization and hyperconverged software: its …

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Respeecher startup creates artificial voices for Hollywood

When young Luke Skywalker appeared in the final episode of “The Mandalorian,” a spin-off series of the Star Wars films, viewers were left speechless. Skywalker looked like his 28-year-old self, despite being portrayed by 68-year-old U.S. actor Mark Hamill, who has played the character since 1977. To make the iconic Jedi look younger, director Jon …

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