202012 Nov
Today in European Tech: Pipedrive becomes a unicorn, Railsbank raises $37 million, Bolt's big plans, and more stories that caught our eyes
Type
Funding Rounds
Companies
Funding
202012 Nov
$37MOthers
Source
Tech
Summary

Here is what happened today in European tech: - Pipedrive, a CRM platform for sales and marketing teams, has signed an agreement to receive a majority investment from Vista Equity Partners, an Austin, Texas-based VC firm – which puts the company’s valuation at about $1.5 billion. The new cash will enable Railsbank, which was founded in 2016, to continue its plans for global expansion including the launch of ‘Credit Cards as a Service’ in the USA. - Knowledge management platform KMS Lighthouse has announced the acquisition of fellow Israeli startup Reps AI, which specialises in AI-driven agent and employee assist technology. - A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the US tech giant unfairly favours its own services on its web searches. - Digital rights advocates in five European countries launched a campaign today to spotlight the increasing use of facial recognition and other biometric identification technology across the Continent, which they say will pave the way for mass surveillance on an unprecedented scale.

Classifications
  • Knowledge Management
  • Fintech & Banking
  • Banking Software
  • Investment Banking
  • AI & Machine learning
  • ERP