4Stop Closes $2.5M Series A Round to Expand Its Global KYB, KYC, Compliance and Anti-Fraud Technology

4Stop, a leading global KYB, KYC, compliance and fraud prevention provider announces today its successful completion of a German-based $2.5 Million Series A Round Investment from Ventech.

Ingo Ernst, CEO of 4Stop states: “This is another major milestone for 4Stop, one that we are all very proud of achieving and a true endorsement of our business and technology potential. We are very excited to take this opportunity to expand our business, team and our KYB, KYC and anti-fraud technology solutions. Allowing us to further facilitate modern, leading-edge risk-based management, from a single API solution.”

The global growth of online transactional engagement paired with its increasing fraud rates, identity thefts and continuous evolution of the regulatory requirement landscape makes it imperative for businesses operating online to ensure they implement a solution that future-proofs their compliance and fraud defense. A need for simplistic, all-encompassing risk management solutions is proving pertinence and supports 4Stop’s technology development, market value proposition and strategy.

4Stop dramatically saves businesses time and money underwriting merchants, managing their anti-fraud processes and eliminates the need to integrate multiple 3rd party KYC data sources. “We provide businesses with near real-time KYB, thousands of global data points, hundreds of KYC data sources and leading-edge, smart anti-fraud technology, all from a single API integration. Ensuring the most efficient, optimal data experience and future-proofed risk management processes are obtained. Bringing confidence to every merchant onboarded through to their customers and associated transactions, empowering and accelerating business performance”,  states Ernst.

4Stop’s technology has received “Best Financial Transaction Security Platform” by Fintech Breakthrough Award earlier in 2019 and has received “Best Risk Management Solution Provider” in 2017 and 2018. Additionally, 4Stop’s value proposition has already been implemented by global payment and crypto leaders including Mifinity, Paymentz, Paysend, Gatehub and Draglet.

“We believe 4Stop has only began to realize its great potential and is well on its way to turning the burden of compliance into a driver of business operations excellence in the payment & Fintech industry; Ventech is thrilled to partner with 4Stop in their next chapter. We look forward to leveraging our broad and strong investment expertise and 20+ years of experience internationalizing of early stage companies.” explains Ventech Principal Stephan Wirries.

For more insight on why we partnered with 4stop: https://medium.com/@wirries/one-api-to-r%CC%B6u%CC%B6l%CC%B6e%CC%B6-help-them-all-a6151bdfb7e5

Finnish IoT Innovator Treon announces €1m seed funding from Angel Investors and Ventech

Treon, a Finnish Tampere-based company that develops smart wireless devices and hardware platform for IoT-solutions, announced today that it has raised a 1MEUR seed funding round with the support of a strong group of angel investors and leading early stage global VC Ventech.

“We’re so proud of the progress we have made since Treon was founded in late 2016. We have already established Treon as a hardware product design company of choice for market innovators such as Varjo (www.varjo.com) and HappyOrNot (www.happy-or-not.com)”, says Treon CEO Joni Korppi.

“The new funding and a group of experienced investors will help us to focus even more on development and global market introduction of Treon branded products for IoT-solutions, starting this year already.”

INVESTORS TRUST IN TREON’S EXPERIENCED TEAM

The seed funding of 1MEUR shows an eminent and global trust in Treon and its product development, as well as in its already existing products. The funding comes from two major parties: a group of independent, experienced entrepreneurs, and Ventech (www.ventechvc.com), the leading pan-European VC fund investing in early-stage tech-driven start-ups.

“In Treon, we are most impressed by the people: an experienced, and highly qualified and innovative team of smartphone professionals with exceptional pedigrees who made a successful transition to developing hardware and software for IoT-solutions,” says Tero Mennander, General Partner at Ventech. “Particularly when combined with the IoT product market uptake, Treon stands out as an exceptional fit for our vision and strategy.”

HARDWARE IS A KEY BUILDING BLOCK FOR SUCCESSFUL IOT-SOLUTIONS

The seed funding will help Treon to continue developing exciting ground-breaking products to selected IoT-solution areas, such as Industrial Condition Monitoring and Asset Management, and bring its current portfolio of devices to market.
Treon Gateway is an edge computing platform that can connect a mesh of sensor devices to any cloud platform. Wireless mesh networks are easy and cost-efficient to deploy, adaptable and freely expandable. Treon Gateway comes with preloaded support for Wirepas Mesh and its hardware is ready to support Bluetooth Mesh.

Treon Node and Treon Industrial Node are wireless, battery-operated sensor devices that operate in a mesh network. Treon Node measures indoor environmental and air quality via a variety of sensors. Treon Industrial Node monitors the condition of rotating equipment, such as pumps, by measuring equipment vibration and surface temperature. Treon Industrial Node has been codeveloped with Sulzer Ltd (www.sulzer.com) and will be commercially available during the first half of the 2019.

“Great hardware is a key building block for IoT-solutions in many vertical solution areas. We will continue to work closely with our customers, old and new, to bring to market products that are designed both for industry and customer needs. Our investors are helping us in this work, both concretely and mentally, and we are grateful for that,” says Joni Korppi.

Botify Raises $20M in Series B Funding, Opens Seattle HQ

Botify​, the new standard in organic search marketing, today announced that it has closed $20 million in Series B funding and is opening its second U.S. headquarters in Seattle, Washington. Botify’s Series B financing was led by IDInvest, with participation from Ventech, bringing the company’s total funding to $27 million. The investment will be used to fuel product innovation, customer adoption and success, and global expansion.

“With today’s financing and the tremendous support of our investors, we will further cement Botify as the go-to partner for enterprise search professionals,” stated Adrien Menard, CEO and Co-Founder of Botify. “Since we founded Botify in 2012 and subsequently made our U.S. debut in 2016 at​ ​Techcrunch Disrupt​, organic search has gained complexity due to ‘mobile-first’ initiatives and the predominance of Javascript. Botify is in a unique place to solve these complexities with our device-agnostic, technical SEO platform, which is quickly becoming the new standard interface between search engines and large websites looking to be indexed in organic search results.”

Botify’s Seattle headquarters, which opens March 1, will be home to both sales and customer success professionals. This team will extend Botify’s worldwide footprint, providing enterprises with the data, tools, and diagnostics necessary to create and maintain high quality digital assets for search engines and voice assistants.

“We believe that Botify has the right vision for this market.They’re delivering a great impact for their customers and are poised to take the enterprise search marketing sector to new heights,” said Benoist Grossmann, Managing Partner, IDInvest. “We are extremely impressed with the
work Botify has done to date and we’re very excited to continue to support them in this next chapter.”

Thomas Grange, CTO and Co-Founder of Botify continued, “Search is the DNA of the web, if it doesn’t work, the web doesn’t work. With approximately 80,000 queries done every second on search engines, it is critical for companies to optimize the organic search process to be found. In fact, if you’re searching the web, you’re likely clicking on results optimized based on insights provided by Botify as we are working with some of the world’s largest enterprises such ​as Expedia, Nike, Marriott, and hundreds more.”

The funding comes on the heels of a stellar year in which Botify grew over 200% in the U.S. and delivered many innovations, such as structured data analysis, javascript crawling, mobile versus desktop parity content analysis; and the release of Botify Keywords. Additionally, Botify received numerous accolades in 2018 including being ​named one of the leading enterprise SEO platforms by MarTech Today and receiving the ​French BPI Innovation Award for its Botify AI project about content quality.

[Image c/o TechCrunch]

Antidot announces a €5.5m funding round from Ventech and CM-CIC Innovation to accelerate its international deployment of Fluid Topics

Antidot, the software vendor behind Fluid Topics Dynamic Content Delivery platform, announced today that it has closed a €5.5m financing round from pan-European investment fund Ventech and its historical partner CM-CIC Innovation (a member of Crédit Mutuel Alliance Fédérale Group).

With roots in Lyon and Lambesc (France) and field operations in Boston (US), Antidot has been developing innovative search and enrichment technologies that help companies leverage their textual content since 1999. Capitalizing on its expertise, in 2015 Antidot launched Fluid Topics, a Content Delivery Platform that revolutionizes how technical documentation and product information is published and accessed in Customer Support and Field Maintenance applications.

Antidot targets makers of sophisticated products (software vendors, industrial firms, high-tech equipment manufacturers, infrastructure operators, financial services, etc.) for whom seamless access to technical content is critical to product adoption and customer satisfaction.

This funding enables Antidot to accelerate the development of its strong technology roadmap around content delivery. Building on recent successes with major customers that include Talend (US), Teradata (US), Kone (Finland), Médiamétrie (France) and EasyMile (France), this €5.5m capital infusion also signifies an increase in Antidot’s global coverage as the firm endeavors to both strengthen its US operations and deepen its focus on Northern and Central Europe.

Fabrice Lacroix, CEO and Founder of Antidot, attests to the value of this funding, explaining: “We are pleased to receive the backing of a global investment player like Ventech, and a renewed commitment from CM-CIC Innovation who has been supporting us since the beginning of the story. This new funding will allow us to accelerate the next stages of our growth, both by expanding the functional scope of our platform, and by extending our market coverage in a context of strong internationalization.”

Karine Lignel, President of CM-CIC Innovation and member of the Board of Antidot, adds: “CM-CIC Innovation is proud to back Antidot, and to have supported the various phases of the company’s development. The recent successes of the Fluid Topics solution are extremely promising and we are excited about the next phase of growth.”

Claire Houry, General Partner at Ventech, who with this investment joins the Board of Antidot, explains: “We were impressed by Antidot’s highly experienced team and its extensive international client list. With Fluid Topics, the company leverages 20 years of expertise in Machine Learning to offer software vendors and industrial companies a solution that re-invents the user experience of Customer Support or Field Maintenance departments. We are very proud to work with them to accelerate their international development.”

Codasip secures $10M in Series A financing to expand RISC-V processor technology offerings

 

Codasip GmbH, the leading supplier of RISC-V® embedded processor IP, announced today that it has raised $10M in a Series A investment round led by private equity firms Ventech Capital of Paris, France, Shenzhen Capital Group Co., Ltd. of Shenzhen, China, Paua Ventures of Berlin, Germany, and strategic investor Western Digital, following the initial investment led by Credo Ventures of Prague, Czech Republic.

This investment will allow Codasip to grow its global sales and support team while expanding its product development efforts to bring best-in-class RISC-V processor intellectual property and optimization tools to customers around the world.

“The RISC-V movement is growing at a rapid pace and transitioning from an era of raising awareness to an era of customer adoption,” stated Christian Claussen, General Partner of Ventech Capital and a board member of Codasip. “Codasip have the tools and expertise developed over the last decade to create a broad portfolio of licensable RISC-V processors and bring them to market. Ventech Capital is confident that Codasip will continue to provide innovative products to the semiconductor industry.”

Martin Fink, Chief Technology Officer at Western Digital, added: “Western Digital is focused on the next generation of innovation to enable new classes of applications like machine learning, AI, and analytics to deliver the possibilities of data. RISC-V offers a platform for innovation unshackled from the proprietary interface of the past, and this freedom allows us to optimize special-purpose computing capabilities targeted at big data and fast data applications.”

Karel Masařík, Codasip’s founder and CEO, said: “We are honored to welcome aboard this global syndicate of investors who share Codasip’s vision of bringing innovative RISC-V-based processors and optimization tools to the world, and we appreciate the continued dedication, commitment, and support of our earlier investors and the current team.

Codasip aims to have the most comprehensive portfolio of RISC-V processor technology in the industry. Codasip Studio allows for rapid processor development and helps customers differentiate their products through processor IP that is tailored to their design and software requirements, and does so with less cost and risk than using general-purpose offerings. Studio dramatically simplifies the process of optimizing a processor, delivers enormous performance improvement to customers, and allows them to build their own unique RISC-V core that is just right for their application

Source: Design & Reuse

 

$12m raise for Adikteev to further develop mobile marketing platform and broaden international footprint

NEW YORK, Feb. 13, 2018 — Leading mobile marketing platform Adikteev (www.adikteev.com) has secured $12 million in its Series B round for further international growth outside of its home base in France, as well as research and development efforts. Ring Capital and BNP Developpement led the round to which ISAI, Ventech and Laurent Asscher also contributed. Adikteev uniquely combines state-of-the-art creative technology, data and artificial intelligence to deliver ROI for advertisers and app developers.

“In just five years, Adikteev has reached an unprecedented level of strategic growth from seizing new opportunities in the marketplace,” said Xavier Mariani, CEO of Adikteev. “This new round of funding will help strengthen our research and development efforts, as well as accelerate our international expansion, particularly in the U.S., where we have a strong retargeting offering.”

Two prior fundraising rounds enabled Adikteev to quickly acquire and enhance its mobile solutions, spurring profitably represented by more than 6,142 percent growth in France since its founding. The first was Motion Lead, a Y Combinator-backed company based on mobile dynamic creative technology. This was followed by Trademob, the first European mobile DSP specializing in user acquisition and app retargeting. Both became part of Adikteev’s technology stack. Adikteev now has more than 100 employees and 30 percent are engaged in research and development in Paris and Berlin.

“We are particularly happy to partner with a talented French team such as Adikteev to hasten their expansion with this investment,” said Geoffroy Bragadir, CEO and co-founder, Ring Capital. “Beyond financing, we are confident we can help this fast-growing ad tech company to scale-up and increase their international footprint by bringing operational expertise from the Ring team and high-value connections with our mentors.”

Adikteev’s platform combines retargeting with dynamic creative optimization (DCO) and playable ads. Its key differentiator is a testing framework that focuses on incrementality measurement, predicting user lifetime value and adjusting bidding price accordingly, helping advertisers across all channels.

The round’s closing follows the recent opening of offices in New York City and San Francisco in 2017. This has enabled even more regular improvement of Adikteev’s core product based on more immediate client feedback.