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

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

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

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

DTE secures $10M funding from Novelis and the EIC Fund

DTE secures $10M funding from Novelis and the EIC Fund

DTE, developers of next-generation metal production and manufacturing, has successfully closed its Series A2 funding round, raising $10 million. Novelis, Metaplanet, and the European Innovation Council (EIC) Fund, along with existing investors Chrysalix Venture Capital and Brunnur Ventures participated in the round. DTE previously raised a Series A round from

A year on, Secure Code Warrior has fully integrated Adversary and looks to expand its Reykjavik team

A year on, Secure Code Warrior has fully integrated Adversary and looks to expand its Reykjavik team

Last year, Adversary, an Icelandic company revamping security education to minimize cybercrime, was acquired by the Australian based secure coding company Secure Code Warrior. Now, more than a year later, Secure Code Warrior has embedded both Adversary’s staff and technologies into its platform and is currently looking to expand

Poppins & Partners unveil their 2020 startup list

Poppins & Partners unveil their 2020 startup list

The consulting firm Poppins & Partners (P&P) has published their list 39 prominent startups in Iceland according to a nomination board compiled of experts from the startup ecosystem. The list is divided into four categories: Seeds, Cuttings, Growth-Sprouts, and Pioneers and the criteria for making the list was

Crowberry Capital invests in Danish Dreamdata

Crowberry Capital invests in Danish Dreamdata

Danish B2B revenue attribution platform Dreamdata, recently announced a $4.4m investment co-led by Icelandic VC fund Crowberry Capital. While Northstack generally doesn’t cover non-foreign funding rounds, this marks the fourth disclosed foreign funding round Crowberry participates in, showing an emphasis on participating in the international funding landscape. In

MainManager acquired by View Software

MainManager acquired by View Software

Facility management software provider MainManager has been acquired by View Software. The amount remains undisclosed. Frumtak invested in MainManager in 2010 and sells its 23% share as part of the sale. “The MainManager team is very excited to get on board with the View Software and Viking Venture family,” founder