Eyrir

PayAnalytics raises $3.4m from Eyrir Vöxtur and NSA Ventures

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Earlier in December PayAnalytics closed a $3.4m funding round from Eyrir Vöxtur and existing investor NSA Ventures.

PayAnalytics is a software solution that enables human resources managers and consultants to conduct their own salary review, measure gender and other demographic discrepancies in pay, and offers recommendations on how to close pay gaps. The software, which was released three years ago is now being used by companies ranging from 30-100,000 employees, in 43 countries across 6 continents.

“We could not envision better investors than Eyrir and NSA Ventures” says Margrét Vilborg Bjarnadóttir, founder and chairman at PayAnalytics. She goes on to add that “the goal is to multiply our sales over the next two years”.

Keystrike secures pre-seed funding from Philippe Langlois, cybersecurity entrepreneur

The Icelandic cybersecurity startup Keystrike has secured funding from Philippe Langlois, founder of cybersecurity company Qualys (QLYS) which is currently valued at over $4 billion. Keystrike’s technology was invented by Ymir Vigfusson, Associate Professor at Emory University, to rethink multi-factor authentication. “Keystrike seals off the path that is commonly

Smári McCarthy, CEO of Ecosophy and Steph Matti, COO of Ecosophy

Ecosophy's 'OverView' wins in EU Space Agency competition

Ecosophy’s prototype for its platform OverView is among the winners of the EU Space Agency’s (EUSPA) innovation competition. Ecosophy is an Icelandic startup focusing on making environmental data actionable, in part by making access to data from EUSPA’s Copernicus system accessible. The company received a prize of

Kerecis becomes Iceland's first Unicorn after being acquired by Coloplast for up to $1.3 billion

Kerecis has signed an agreement with Coloplast, the Danish medical device manufacturer, to be acquired for up to $1.3 billion, making them Iceland’s first Unicorn company. In today’s Kerecis business meeting, which took place in Ísafjörður where they have a manufacturing facility, Fertram Sigurjónsson, founder and CEO

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