ZDNet: Three To Watch: New Deals For A Trio Of Estonia's Homegrown IT Companies

Estonia's position as one of Europe's up and coming startup hubs is gathering momentum, with several of the country's IT companies inking new deals in recent weeks. Mobile payments company Fortumo announced at the end of February that Intel Capital and Greycroft Partners were to be new investors in round of financing - the first outside shareholders to do so. Prior to the funding, the company was owned by local company Mobi Solutions, which will still remain the biggest shareholder after the investment.

 

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