ThreatMark Secures $23M in Series A
Deal News | Feb 11, 2025 | CEE Legal Matters
ThreatMark, a Czech Republic-based technology company specializing in behavioral analysis and fraud prevention for digital banking, has successfully raised over USD 23 million in a Series A funding round. The financing was led by London-based Octopus Ventures and The Riverside Company, with legal advisement provided by Weinhold Legal and Cytowski & Partners for ThreatMark. Advising Octopus Ventures and The Riverside Company were Dentons and DLA Piper, respectively. The funding is intended to bolster ThreatMark's technological capabilities and facilitate their market expansion, particularly in the United Kingdom and the USA.
Sectors
- Technology
- Finance & Investment
- Legal Services
Geography
- Czech Republic – ThreatMark, the target company in the article, is based in the Czech Republic.
- United Kingdom – Octopus Ventures, one of the investing firms, is based in London, UK, and the expansion plan for ThreatMark includes the UK market.
- United States – The Riverside Company, one of the investors, has their advising law firm in New York, USA, and ThreatMark plans to expand into the US market.
Industry
- Technology – ThreatMark operates within the technology sector, focusing on digital innovations for behavioral analysis and fraud prevention.
- Finance & Investment – The article involves investment firms like Octopus Ventures and The Riverside Company providing financial backing to ThreatMark.
- Legal Services – Several law firms are involved in advising the companies in this transaction, underscoring the legal services aspect of the article.
Financials
- USD 23 Million – The amount raised by ThreatMark in its Series A financing round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ThreatMark | Target Company | Company | A technology company specializing in behavioral analysis and fraud prevention in digital banking, based in the Czech Republic. |
| Octopus Ventures | Investor | Company | A London-based investment firm that led the Series A financing for ThreatMark. |
| The Riverside Company | Investor | Company | An investment firm that participated in the Series A financing for ThreatMark. |
| Weinhold Legal | Legal Advisor to ThreatMark | Company | A law firm that provided legal advice to ThreatMark during the Series A financing. |
| Cytowski & Partners | Legal Advisor to ThreatMark | Company | A law firm that provided legal advice to ThreatMark during the Series A financing. |
| Dentons | Legal Advisor to Octopus Ventures | Company | The New York office of Dentons reportedly advised Octopus Ventures in the transaction. |
| DLA Piper | Legal Advisor to The Riverside Company | Company | The New York office of DLA Piper reportedly advised The Riverside Company in the transaction. |