Software - Ukraine Digital News

Ukrainian startup raises $1.1 million in Silicon Valley to “commoditize legal services”

April 22, 2019

AxDraft, a Ukrainian document automation startup, has raised $1.1 million from a pool of US investors. According to Ukrainian tech blog AIN.UA, these investors included the online VC firm FundersClub and their affiliate FCVC, SCM Advisors, as well as Nick Bilogorskiy, Matt Macinnis, Ragnar Sass and a few other individual investors from Silicon Valley. In an exchange with Ukraine …

Ukrainian startup raises $1.1 million in Silicon Valley to “commoditize legal services” Read More

Horizon Capital buys $10 million worth shares of security solution maker Ajax Systems

April 1, 2019

Horizon Capital, a US-registered, Kyiv (Kiev)-based fund manager, announced Friday an investment in Ajax Systems, a Ukrainian maker of smart security systems. Horizon Capital’s new $200 million fund, Emerging Europe Growth Fund III (EEGF III), put $10 million to buy company shares from SMRK, an earlier investor in Ajax Systems, and company management. The details of the transaction …

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Ukrainian investor buys Translate.com from US media and Internet company

February 11, 2019

Ukrainian tech investor Oleksii Vitchenko has acquired Translate.com, a US-based publisher of enterprise translation solutions. Among the company’s products are such ones as ‘Website Localizer,’ which lets you “localize your entire website within minutes;” ‘GoGlobal API,’ which allows external applications “to order human translations for text content” in multiple languages; ‘Translate Zendesk App,’ which “automatically translates support …

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Spinbackup, a cloud security startup with Ukrainian roots, raises $1.5 million in Silicon Valley

January 21, 2019

Spinbackup, a San-Francisco-headquartered cloud security solution provider with Ukrainian roots, has raised “around $1.5 million” in a round led by Polish angel VC firm bValue. TMT Investments, a London-based fund with Russian connections, and unnamed Silicon Valley business angels also took part in the round. (The latter’s contribution amounted to approximately one third of total …

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Ring violated customer privacy and develops fake AI tools with Ukrainian R&D team, claim US media

January 14, 2019

Ring, the much-hyped US startup which develops outdoor home-security solutions and was acquired by Amazon in 2018, is known for having opened an R&D office in Ukraine in 2016. Located in Kiev (Kyiv), this facility integrates computer vision, artificial intelligence and machine learning technologies into the company’s products, as reported a few months ago by Ukraine …

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US digital content solution provider Piano purchases Ukrainian-Polish startup Newzmate

November 22, 2018

Ukrainian-Polish startup Newzmate has been acquired by Piano Software, a US-based international provider of solutions for digital content management, for an undisclosed amount. Newzmate’s content marketing automation product will be rebranded to ‘Piano ESP’ while the startup’s office in Kyiv (Kiev) will serve as Piano’s representative office in Ukraine. Asked about the outcome of his investment, …

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Equity deal better than ICO: Ukrainian cryptotrading startup raised $500,000 from SMRK

November 8, 2018

This past summer Superorder.io, a California-headquartered crypto-trading startup founded in Ukraine, raised $500,000 from Ukrainian fund SMRK. The investment, announced in August, has just been reported by the Ukrainian media. The terms of the deal have not been disclosed. Superorder provides “the power of automation features and a convenient interface to trade from a single place …

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American-Ukrainian startup People.ai raises $30 million “to deliver on the true meaning of predictive enterprise”

October 23, 2018

People.ai, a San Francisco-based startup with Ukrainian roots, announced today it raised $30 million in a Series B funding led by Andreessen Horowitz (a16z). Also participating in the round were Series A investors Lightspeed Venture Partners (lead), GGV Capital, and Y Combinator. The details of the deal have not been disclosed, but the company said it …

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Open source software startup with Ukrainian roots raises $100 million in California, becomes unicorn

September 24, 2018

Last week GitLab, a San Francisco-based open-source software startup founded by Ukrainian entrepreneur Dmitry Zaporozhets, announced the completion of a $100 million Series D round. Led by Iconiq Capital with participation from existing investors GV and Khosla Ventures, the round brought the valuation to “over $1 billion,” and “validated [GitLab’s] position as the world’s first single application …

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Ukrainian-founded CallPage raises $4.5 million to roll out in the US

July 30, 2018

CallPage, a Polish startup with Ukrainian roots, has attracted 17 million zloty (roughly $4.5 million at the current exchange rate) from several venture funds. These include Innovation Nest, Market One Capital and TDJ Pitango Ventures. The news was announced by the startup’s co-founder Ross Knap earlier this month. The money will be used to propel the …

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Ring Ukraine: The R&D engine powering home-security firm ring

June 7, 2018

Competition in the smart-home security field heated up in February 2018 with the Amazon announced acquisition of California-based Ring, an outdoor home-security company founded in 2012 by the entrepreneur James Siminoff. The cost of Amazon’s acquisition is estimated at more than $1 billion. Inc. Magazine reported in January 2017 that home security systems would amount …

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Ukrainian-Russian startup YouScan acquires BrandSpotter

March 16, 2018

On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan.