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Technology News

Bevy acquires community-focused networking company CMX

Bevy announced today that it has acquired CMX, which it describes as “the world’s largest community for community professionals.” In other words, CMX is trying to connect and support the people whose job is to build communities around their companies. To do that, it organizes the CMX Summit and also offers membership to a private network called CMX Pro. <a ...

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InReach Ventures, the ‘AI-powered’ European VC, closes new €53M fund

InReach Ventures, the so-called “AI-powered” venture capital firm based in London, is announcing the first closing of a new €53 million fund targeting early-stage European technology companies — surpassing the original fund target of €50 million, apparently. Founded by former Balderton Capital General Partner Roberto Bonanzinga, along with Ben Smith (former U.K. Engineering Director at Yammer) and John Mesrie (former ...

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Car rental startup Virtuo picks up €20M Series B

Virtuo, the Paris-headquartered car rentals startup, has raised €20 million in Series B funding. The round is backed by Iris Capital, Balderton Capital and Raise Ventures, and will be used to continue expanding across the U.K. and other European countries. Originally founded in France and available in 19 French and 2 Belgium locations, Virtuo launched in London last Summer, and ...

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