IBM announced that it has acquired top Hungarian tech startup UStream. The financial terms of the acquisitions were not disclosed, Fortune reported about the deal valued at $130 million. Ustream joins the newly-formed IBM Cloud Video Services unit.
Ustream, in operation since 2007, delivers live and on-demand video streaming to enterprises and broadcasters for everything from corporate keynotes to live music concerts. The company streams live and on-demand video to about 80 million viewers per month for customers such as NASA, Samsung, Facebook, Nike and The Discovery Channel. Read more »
Smart bicycle bell Shoka announced that it successfully secured a second round of seed investment from Ruvento Ventures, a venture capital firm based in Singapore. The investment will enable Shoka to finally bring its unique bicycle bell to global market.
Shoka, a tech startup based in Budapest, Hungary, has been funded by Ruvento Ventures, a hardware venture capital firm based in Singapore. The Shoka Bell is the ultimate bicycle bell featuring a LED matrix display for navigation, GPS based theft alert, and various alert sounds. Through sleek prototyping vetted by industrial design partners, Ruvento Ventures will enable Shoka to finally bring its unique bicycle bell to global market.Read more »
Techstars Berlin has designed and created a beautiful European investor map that features more than 300 investors that are investing in European start-ups. The list of investors currently totals €15bn in funds, which are available for European startups.
Techstars is a mentorship-driven start-up accelerator that holds 13-week programs for startups in various cities around the globe. Techstars invests around $118,000 per company via more than 20 accelerator programmes worldwide. Its global alumni network is 700-plus companies and it will graduate more than 200 companies in the next 12 months.Read more »
Meet the four Hungarian tech startups that have been selected to attend How to Web conference's Startup Spotlight competition taking place on November 26-27 in Bucharest, Romania. The jury selected the 32 promising startups from all around the CEE.
Meet some of the brightest minds, listen to hands-on talks and practical case studies! All this and more at the 6th edition of How to Web, the most important conference on tech, innovation, and entrepreneurship in South Eastern Europe on November 26-27.
The How to Web Conference 2015 brings you at the same table with 1000+ startup founders, product managers, developers, online marketers & community leaders from all around the CEE. Beyond high-quality content, including case studies and hands-on talks on different topics, you have great networking opportunities by connecting with the who's who in the regional tech industry. Read more »
