Riptides Raises $3.3M in Hungary’s Largest Ever Pre-Seed Round

Riptides replaces API keys and passwords with auto-rotating, cryptographic identities—eliminating manual credential management. Hungarian security startup Riptides has raised $3.3 million in pre-seed funding to launch its platform for secure non-human identity management. This marks one of the largest Pre-Seed rounds in Central and Eastern Europe ever, and Hungary’s biggest one to date. The funding […]

Banzai Cloud Ltd. to be acquired by Cisco

Significant move in the regional venture capital market – Portfolion’s start-up investment Banzai Cloud Ltd. to be acquired by Cisco. Portfolion Capital Partners, a key venture capital firm focused on the CEE region, confirms news about Cisco’s intent to acquire substantially all of Banzai Cloud’s assets. Banzai Cloud is known for its pioneering achievements in […]