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Fitbay nabs $2 mln

According to a blog post on its site, Fitbay has raised $2 million in seed funding. Steadfast Venture Capital and Creandum led the round. Based in New York City and Copenhagen, Fitbay is a network that helps users find clothes that fit their shape and size. To read the announcement, visit here.

Zouk Capital leads Series C round for iZettle

European mobile payment services provider iZettle said Friday that it has raised $55.5 million in Series C funding. Zouk Capital led the round with participation from Dawn Capital, Intel Capital, Creandum, Greylock Partners, Index Ventures, Northzone and SEB Private Equity. In addition to the funding, Nathan Medlock of Zouk Capital will join the iZettle board.

Planday snags $3.75 from Creandum

According to a blog post on its site, Planday has received a $3.75 million in funding from Creandum. Planday is a provider of online employee scheduling solutions. To read the details about the funding, visit here.

Omniata scores $5.2 mln

Omniata said Wednesday that it has closed $5.2 million in Series A financing. Creandum led the round with participation from previous backer Sigma West. Based in San Francisco, Omniata is a unified digital platform.

Vint raises $1.8m seed round

Vint has secured a $1.8 million seed investment led by Creandum, together with DN Capital and prominent angel investors. Founded in Stockholm, Sweden, Vint is a peer-to-peer market place and community for personal training and small group private training.

Nordic investor creates world’s biggest Bitcoin database – Reuters

A Nordic venture capital firm says it has built the world’s largest database of businesses dealing in Bitcoins in an effort to shed light on a virtual currency which has seen its value rocket in the past year, writes Reuters. Creandum, which has invested in fast-growing Nordic tech firms, said the database contained more than 300 companies trading Bitcoins.

Tripbirds Relaunches as Social Hotel Booking Site

Tripbirds, a Stockholm-based startup that started life as a travel site, one that seized on data from Facebook, Instagram and other social networks, has been relaunched as a “social hotel-booking site” that combines “traditional” hotels with recommendations from users’ social networks. The company raised $740,000 in seed funding last year from Index Ventures, Passion Capital, […]

Tripbirds Stepping into Public Beta

Tripbirds is opening up its service to anyone looking to discover places and plan trips based on recommendations from friends in their social network. The Stockholm based start-up is backed by Index Ventures, Passion Capital and Creandum, as well as angel investors from Soundcloud, Wrapp and Path. PRESS RELEASE The Stockholm based start-up is backed […]

Wrapp Nets $5M from Greylock Partners

Stockholm-based social gifting service Wrapp has sealed $5 million from venture firm Greylock Partners. The financing is an addition to Wrapp’s Series A funding. Wrapp received $5.5 million in November from Atomico and the Nordic venture firm Creandum. Greylock’s Reid Hoffman will join Atomico’s Niklas Zennström, and Johan Brenner of Creandum on Wrapp’s board.

Wrapp Seals $5.5M Series A

Wrapp, a social gifting service based in Stockholm, has raised $5.5 million in Series A financing led by Atomico. The company previously raised an undisclosed amount of seed funding this year from Nordic venture firm Creandum. Creandum also contributed to the Series A round.

iZettle Seals $11.2M for Social Payments Tech

Stockholm-based iZettle, maker of a iPad and iPhone social payments app and mini chip-card reader, has raised 8.2 million euros ($11.2 million) in Series A funding led by Index Ventures . Creandum and individual investor Charles Dunstone, the chief executive of The Carphone Warehouse, also contributed. The funds will be used to expand into markets outside of Sweden, the company said.

Cint Lands $13M from Prime Technology Ventures and Others

Cint, the holding company of the global marketplace for market research, Cint Panel Exchange, has received a $13 million infusion from the pan-European venture firm Prime Technology Ventures, which was joined by existing investors that include Stockholm-based Creandum. PRESS RELEASE: Cint, the company behind the leading SaaS-based global marketplace for market research sample: Cint Panel […]

Spotify Hacked

Imagine an iTunes library that was totally free and available online at no cost. Sounds pretty good, right? Well that is Spotify, a startup Morten Lund tipped me off to a couple of years ago. I tried it out and liked it, but forgot all about its downloadable client when I had to format my hard-drive. TechCrunch recently reviewed the service.

Now the service has been hacked and the email address, birth dates, gender, postal codes and billing receipt details were potentially exposed, the company says.

Spotify has raised more than $20 million from Northzone Ventures and Creandum, according to data from Thomson Reuters (publisher of PEHub.com).

Creandum Partners Up

Fredrik Cassel has been promoted to partner at Nordic venture capital firm Creandum. He joined the firm in 2003, and has led deals for Spotify, Cint, Pintavision and Videoplaza.

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