Grammarly, a San Francisco-based startup with Ukrainian roots, has just raised $110 million in growth equity funding at an undisclosed valuation. The round was led by General Catalyst with participation from Breyer Capital, IVP, SignalFire, and Spark Capital.
The company was founded in 2009 by Kyiv natives Aleksey Shevchenko and Maksim Litvin. Its AI-powered software helps people improve writing, monitoring errors in grammar and syntax, as well as incorrect speech constructions in real time.
Based in New York, the startup is a major provider of cloud-based video curation solutions to online publishing, non-profit, community and ad network markets.
DataRobot, a machine learning platform that helps enterprises build predictive models at speed, has raised $54 million in a Series C funding round led by existing investor New Enterprise Associates (NEA), reports VentureBeat.
The company has an R&D office in Kyiv (Kiev), with up to 200 employees working there, according to DOU.UA, an authoritative local industry resource.
MacPaw, a Kyiv (Kiev)-based Mac software development company with more than five million customers worldwide, just announced the launch of a flat-fee subscription offer for Setapp, its service designed for macOS app users and developers.
Presented as an “unstore alternative to Apple’s Mac App Store,” the new service aims to save your time and money when working with the ocean of more than 30,000 Mac applications.
Last week Sixa, a San Francisco-based startup which has developed developed a “personal computer in the cloud,” closed a $3.5 million round of seed funding.
According to the company’s press service, the round was led by Californian fund Tandem Capital with participation from Ukrainian funds Digital Future and Horizon Capital, Gagarin Capital, a fund with Russian roots, as well as Social Capital, Presence Capital, Rising Tide Fund, and other unnamed investors.
Earlier this week Allset, a mobile app helping restaurants cut dining time in half by allowing customers to pre-order their meals, has secured a $2.35 million seed round.
The roud was led by New York-based venture capital firm Metamorphic Ventures with participation from Andreessen Horowitz and FJ Labs as well as previous investors Alexander Chernyak, a startup entrepreneur operating in the USA, Russia and Ukraine, and Andriy Dovzhenko from Kyiv (Kiev)-based SMRK VC Fund.
Last week GitLab Inc., an open-source software startup founded by Ukrainian entrepreneur Dmitry Zaporozhets, announced that it raised $20 million from US investors August Capital, Khosla Ventures, and Y Combinator. This Series B round follows a previous fund raising operation in September 2015.
GitLab’s set of tools allow people to collaborate on all digital content more effectively, scaling projects across functional groups, collaborating in real-time and more easily managing workflows and version control.
Software Engineering 2016, the biggest annual conference on software development and IT entrepreneurship in Ukraine, will be held on September 2-4 in Kyiv (Kiev). This event will feature 100 speakers from Ukraine and abroad, 100 lectures and 12 stages.
The program focuses on the latest trends in BigData, UI/UX, management and fundraising, as well as on the various aspects of software development, JS, mobile and company development.
Galactic Exchange, a Silicon Valley-headquartered big data startup with engineering teams split between Kharkiv (Kharkov), Eastern Ukraine, and Menlo Park, has raised $1.25 million from Floodgate and Signia Venture Partners. Closed in early August, the deal has just been announced publicly.
The two California-based VC firms had already backed the startup in its seed funding round one year ago, Galactic Exchange’s co-founder Konstantin Kladko told Ukraine Digital News.
Sixa has developed a “personal computer in the cloud” intended for developers, designers and gamers, “capable of running the most demanding applications.”