Software Category: Software

AVentures Capital invests in Spinbackup to “change the paradigm of data security”

AVentures Capital, a major early stage venture capital fund based in Ukraine, has just announced a $500,000 investment in Spinbackup, startup which has developed a cloud data protection technology.

Based in California with R&D offices in Ukraine (Kyiv and Odessa), Spinbackup was co-founded in 2014 by Dmitry Dontsov, a US serial entrepreneur with Eastern European roots. The startup presents itself as “a premier cloud-to-cloud backup and cloud cybersecurity solutions provider” for G Suite and Office 365.

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Ukrainian-American Kitcast raises $500,000 to create “the data-driven future
 of digital signage”

Kitcast, a US-based startup with Ukrainian roots, has just secured $500,000 from Ukrainian investment fund SMRK, as confirmed to Ukraine Digital News by the company’s CEO Egor Belenkov.

Kitcast’s digital signage application for AppleTV uses machine learning algorithms to help its users “create and deliver smart content to any screen” with no need to use bulky and expensive hardware. The app makes sure that the right content is shown to the right people, which “increases your sales, brand awareness, and customer engagement,” the startup claims on its website.

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PromoRepublic raises $1.2 million for AI which creates social media for small businesses

As AI slowly seeps into various sectors, it was fairly inevitable that we would start to see the “AI for X” startups begin to appear. Thus “AI for small business social media” is now a thing, in the shape of PromoRepublic, a US/Finnish/Ukrainian startup which has now raised a $1.2M investment round.

More specifically, they bill themselves as a “WIX for a small business’s social presence”. So what does that mean? Effectively it’s a simple way to grow a small business with social media content.

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SendPulse acquires Turkish email marketing service provider

SendPulse, an AI-powered email marketing service provider, announced it had acquired its Turkish counterpart Mailto in late May. Although the amount of the transaction has not been disclosed, SendPulse’s co-founder and CEO Constantine Makarov told Ukraine Digital News that Mailto has been valued at $300,000.

“As we are focused on the emerging and fast-growing markets, Turkey is a key market for SendPulse. We are planning to enter Mexico and China soon,” commented Makarov.

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American-Ukrainian startup People.ai secures $7 million to automate sales operations

People.ai, a startup which has developed an AI-based predictive tool for sales managers, has raised $7 million in Series A funding led by Lightspeed Venture Partners, TechCrunch reports. The startup will use the funding to scale out its product and sales teams, and engage in more enterprise-focused R&D.

Index Ventures and Shasta Ventures also participated in the round, alongside existing investors Y Combinator and SV Angel.

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US-Ukrainian Grammarly secures $110 million from top international investors

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.

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Noosphere Ventures acquires US video solutions startup Waywire

Noosphere Ventures, a California-based venture fund with Ukrainian connections, has just announced that it has purchased assets of the US startup Waywire. The amount of the deal remains undisclosed.

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.

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US machine learning startup with Ukrainian R&D raises $54 million

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.

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Ukrainian MacPaw makes best Mac apps available on a subscription basis

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.

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US-Ukrainian cloud computing startup secures $3.5 million from international investor consortium

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.

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