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Weekly Lists
July 21, 2017 www.intellinews.com I Page 21
bne:TMT
Evolution Equity closes $125mn cybersecurity fund
Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software and services in North America, Europe and Israel.
The fund exceeded its target and is backed by leading institutional investors, corporates, family offices and technology entrepreneurs from the US and Europe, including Cisco Investments, the European Investment Fund (EIF), Witelo Fund (PZU Insurance Group) and Alpha Associates among others.
The Evolution Technology Fund will make investments in the range of $5mn to $25mn in early and growth stage companies in cybersecurity and in companies utilising machine learning, big data, software as a service (SaaS), mobile and the convergence of consumer and enterprise software to build market leading platforms.
The first bitcoin ATM has arrived in Kosovo and has been placed in the centre of the capital city of Pristina.
The event is seen as part of a trend for increasing bitcoin adoption despite a warning from the country’s central bank.
According to local newspaper Telegrafi, the bitcoin ATM is operated by the professional and strategic services provider Albvision Group, which has 54 employees and operates in sectors such as information and security systems, banking, energy, and telecommunications. Kosovo hence became one of 57 countries worldwide with a cryptocurrency ATM.
The two-way bitcoin ATM is the BATM Two model manufactured by General Bytes, which claims that the machine provides the best price to performance ratio on the market. At the beginning, only bitcoin will be available, but plans envisage adding 10 other digital currencies in the future.
Kosovo gets its first bitcoin ATM