There are so many interesting stories out there and unfortunately we don’t have the time to cover all of them. With our section “Worth reading” we provide you (once in a while) with some links to interesting articles of other publications:
Cognitive Security, a Czech security software company that came out of Czech Technical University, has been acquired by Cisco. The details of the deal have not been disclosed. Cisco will now offer advanced network security solutions to its enterprise customers. The 28 startup employees will be joining Cisco’s security technology group. Visit GoalEurope to read more.
Finland-based IndoorAtlas enables indoor navigation without any anchoring to WiFi nodes. Now they announced they have just closed roughly €500 000 in funding from both local and US investors. Find out more and check out the full article on ArcticStartup.com.
The Paris-based social network Bistri, which provides a disruptive way to communicate and share things online, just raised € 2 million from French business angels. Bistri was founded in 2010 by Arnaud Budkiewicz, formerly CIO of BT France. For more info visit FrenchWeb (in French).
The Berlin-based startup Wimdu (backed by Rocket Internet) is causing the company builder strife, according to online magazine Focus. Industry insiders say potential investors have been put off due to the tough competition from US rival Airbnb. The incubator is reported to be looking for buyers for the accommodation site but so far no one is biting. Read more about in on VentureVillage.eu.
Pubeco, a French startup which specialized in helping retailers digitalize all those annoying paper ads and catalogs they send potential customers, has just announced that they raised €1 .25 million from French VC ISAI. Since its founding in 2008, Orchies-based (in Northern France) Pubeco has grown steadily to reach a solid 700k consumer subscriptions and more than 100 retail outlets. Visit RudeBaguette.com to read the full article.