Budapest-based venture capital and private equity firm, PortfoLion, is investing $2.4 million in cloud contact center software provider company VCC Live through its regional private equity fund with investors OTP Bank and Eximbank. The funds will be used to accelerate product and service innovation, as well as to expand globally.
BUDAPEST, 2019-Aug-06 — /Travel PR News/ — Szallas.hu PLC. has successfully acquired two Hungary-based intercountry travel agencies, Utazok.hu PLC. and Maiutazás Group, both of them offers discount trips online. By also purchasing Pihipakk.hu, the portfolio of Szallas.hu PLC. is now supplemented with experience packages, and Maiutazas.hu will be integrated into the international travel branch. Maiutazas Group achieved EUR 5,5 million […]
Rollbar, provider of real-time error monitoring Software as a Service, announced today it has acquired Hungary-based Samebug, in a strategic move that further deepens its domain expertise in grouping and allows for integration of proprietary Samebug technology into its error monitoring solution. It also allows Rollbar to quickly grow its engineering team and have greater […]
Rapid pace of innovation, new technologies and the digitalisation of almost all segments of the economy pose a huge recruitment challenge for companies all over Europe. The number of job vacancies requiring digitally skilled workers is estimated to rise to 700,000 by 2020 on an EU level. To tackle these challenges, Budapest-based IT education startup […]
Banzai Cloud has closed its latest round of seed funding with a total investment of $2.5 million. The round was led by PortfoLion, a Central European venture capital and private equity fund, and included financing from FastVentures and Euroventures of Budapest, the latter being an angel investor that has been with the company since its […]
OTP Bank will launch its second international accelerator program in the first months of next year and is accepting applications from growth-stage startups and scaleups until the end of November.