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EXITS
January 2024

Reblaze Technologies Becomes Part of the Link11 Group

Reblaze Technologies, a leading international provider of cloud-native web application and API protection (WAAP), becomes part of the Link11 Group.

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By EXITS

CB4 has been acquired by GAP Inc.

October 2021 EXITS CB4 has been acquired by GAP Inc. Gap Inc. has acquired the New York and Tel Aviv based start-up Context-Based 4 Casting Ltd. (CB4) that uses cutting-edge AI and machine learning tools to transform retail operations, increase sales and improve the customer experience through predictive analytics and demand sensing. “We believe artificial intelligence and machine learning will shape the future of our industry. Gap Inc. has experience working with CB4’s world-class data scientists, so we understand the impact and the wide applications their science can have across sales, inventory and consumer insights, as well as its potential to unlock value and enhance the customer experience,” said Sally Gilligan, Chief Growth Transformation Officer Chief, and head of the Strategic Growth Office at Gap Inc. The deal was brokered by Gap Inc.’s Strategic Growth Office, a unit of the company that seeks out opportunities to fuel growth and accelerate...
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By CYBERSECURITY

Jscrambler raises $15 million in Series A funding

September 2021 CYBERSECURITY Jscrambler raises $15 million in Series A funding Jscrambler raises $15 million in Series A funding to rewrite the rules of website security A round led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures Integrated solution to tackle growing web supply chain attacks Trusted by Fortune 500 enterprises and SMEs Pedro Abreu announced as an independent board member Jscrambler, a technology company specializing in cybersecurity products for web and mobile applications, announced today it has raised $15 million in Series A financing to rewrite the rules of website security. The round was led by Ace Capital Partners, with the participation of existing investors including Portugal Ventures. With previous investor Sonae IM and now Ace Capital Partners, Jscrambler is supported by two of the largest cybersecurity-focused growth investors in Europe. The funding will be used to augment marketing and sales resources in...
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By RETAIL TECHNOLOGIES

Inovretail appoints new CEO

September 2021 RETAIL TECHNOLOGIES Inovretail appoints new CEO The retail technology specialist, invested by Sonae IM, chooses Norwegian Trond Kongrød to lead its next phase of growth Inovretail has appointed Trond Kongrød as new CEO. Trond brings more than 25 years of leadership experience at retailers and technology companies and will be focusing on accelerating the company’s internationalization. Inovretail is part of the portfolio of Sonae IM, the investment arm of Sonae and a leading retail tech investor. The company’s software is used by retailers like Levi’s or Adidas to bring omnichannel and digital capabilities to the stores. With a comprehensive and in-depth knowledge of the sector specifics across Europe, Trond Kongrød joins Inovretail after six years as the SVP EMEA of StrongPoint, a company focused on e-commerce logistics, payment and shrinkage solutions for retailers. In addition to the SVP position, Trond Kongrød was responsible during the last 4 years...
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