ZeroTurnaround

Estonian-founded ZeroTurnaround secures US$5 million in series B financing

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ZeroTurnaround, the Estonian-founded producer of developer tools for creating quality software, has announced it has raised US$5 million in series B financing, led by Bain Capital Ventures with participation from Western Technology Investment, both existing investors. This brings the total amount of funding since the company’s founding in 2007 to US$15 million. ZeroTurnaround was born in 2007, when […]

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Estonian-founded start-up ZeroTurnaround raises USD6 million in funding

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The Estonian-founded, Boston-based, software developer ZeroTurnaround has raised USD6 million in venture debt funding. USD3 million of it comes from the California-based Western Technology Investment, which was previously a backer of Google and Facebook. Two month ago, ZeroTurnaround raised USD3 million in equity from the Boston-based investment branch Bain Capital Ventures. ZeroTurnaround was founded in

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Estonia’s successful start-ups valued at EUR 235 Million

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Experts estimate that the combined value of Estonia’s six most successful startups Creative Mobile, Grabcad, Fortumo, Transferwise, Zeroturnaround and Erply could be 305 million U.S. dollars or 235 million euros. The figure is comparable to the market value of the listed retail group Tallinna Kaubamaja, which stood at 248 million euros on Tuesday, Estonian newspaper Eesti

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ZeroTurnaround completes its first foreign acquisition

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The software developer ZeroTurnaround, founded in Tartu, Estonia, has acquired the Danish software company Javeleon together with the rights to all related intellectual property. The co-founders of Danish company, Allan Gregersen and Michael Rasmussen, will join forces with ZeroTurnaround’s teams in Tartu and Tallinn. Javeleon was founded in 2012 to commercialise technology built upon research

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Getting off the ground: Estonian startups

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In recent years, Estonia has developed a notable start-up ecosystem. How can others benefit from Estonia’s booming startup economy? Estonia has been said to produce more start-ups than any other country in Europe per capita. In addition to Skype’s success story, there are many new companies which have taken the world as well – amongst them GrabCad, Transferwise, ZeroTurnaround, Fortumo, Pipedrive and Click&Grow. How

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