Europe

New Relic, a provider of analytics and monitoring around a company’s internal and external facing apps and services to help optimise their performance, is making an acquisition today as it continues to expand a newer area of its business, containers and microservices. The company has announced that it has purchased CoScale, a provider of monitoring
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After holding a series of hearings in the wake of the Facebook –Cambridge Analytica data misuse scandal this summer, and attending a meeting with Mark Zuckerberg himself in May, the European Union parliament’s civil liberties committee has called for an update to competition rules to reflect what it dubs “the digital reality”, urging EU institutions
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French startup Skello just raised a $6.9 million funding round (€6 million) from Aglaé Ventures, XAnge, Jean-Baptiste Rudelle and existing investors Thomas Landais, Guillaume le Dieu de Ville and Gilles Blanchard. The startup is helping bar, restaurant and hotel managers keep track of all the shifts and staffing issues. Skello uses a software-as-a-service approach to
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Emmanuel Macron came to France’s ginormous startup campus Station F to talk to the French tech community. The event is organized by La French Tech, the government initiative to promote and foster the startup community in France. Station F director Roxanne Varza first took the stage to introduce the event. She announced that there will
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Photographer: Daro Sulakauri/Bloomberg According to a new study conducted by the Center for American Entrepreneurship and NYU’s Shack Institute of Real Estate, the US may be losing its competitive advantage as the dominant nucleus of the startup and venture capital universe.  The analysis, led by senior Brookings Institution fellow Ian Hathaway and “Rise of the Creative Class” author Richard
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Cloud hosting company Scaleway is launching object storage in public beta. The company uses an Amazon S3-compatible API, which means you could easily replace your Amazon S3 bucket with a Scaleway bucket by changing the API end point. The basic object storage package starts at $5.75 per month (€5 per month), which includes 500GB of
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French startup Alan is expanding beyond health insurance by offering telemedicine appointments directly from Alan . The company is partnering with Livi, Kry’s French subsidiary. While a handful of European countries already let you talk to a doctor using video calls, France’s national health system just started allowing remote appointments. If you need to renew
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In what looks like a European first, the London-based early-stage venture capital firm Balderton Capital is announcing it has closed a new $145 million “secondary” fund dedicated to buying equity stakes from early shareholders in European-founded “high growth, scale-up” technology companies. Dubbed “Balderton Liquidity I,” the new fund will invest in European growth-stage companies through
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It is four months since fintech ‘unicorn’ Revolut announced its intention to add commission-free trading to its banking app, in a bid to compete with Silicon Valley’s Robinhood (although, curiously, the two companies share two investors, namely Index and DST). However, one London startup looks to be first out of the gate this side of
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Another fintech startup has made the leap into publicly-traded company: Funding Circle, the peer-to-peer lending platform for small and medium businesses that was originally founded in the UK, opened for trading today on the London Stock Exchange. It was a positive, if not stratospheric, debut. Trading under FNIG.L, its stock opened at 460 pence, only
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