Weinhold Legal and Cytowski & Partners have advised Czech Republic-based technology company ThreatMark on its series A financing round, securing an investment exceeding USD 23 million from London-based Octopus Ventures and The Riverside Company investment firm. Dentons' New York office reportedly advised Octopus Ventures. DLA Piper's New York office reportedly advised The Riverside Company.
ThreatMark focuses on behavioral analysis and fraud prevention in digital banking. According to Weinhold Legal, "the funds will be used to strengthen technological innovation and expand operations in key markets, including the United Kingdom and the USA."
The Weinhold Legal team included Solicitor Pav Younis, Associate Jakub Nedoma, and Junior Associates Matej Novak and Tomas Novak.
The Cytowski & Partners team included Partner Tytus Cytowski and Associates Eresi Uche, Fabiana Morales Centurion, Heidi Fan, and Kunal Kolhe.