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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise blocked in their regions — driving an estimated 30% of all internet consumers globally to use a VPN at some point this year.

Fund 98
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YouTube blocks Russian news channels RT and Sputnik

The Verge

It’s the latest example of internet platforms blocking Russian media outlets in response to the war. In an open letter, the leaders of Poland, Lithuania, Latvia and Estonia, said that Google, YouTube, Facebook, and Twitter had become accessories to Russian aggression by allowing the country space on their sites and apps.

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Speakers at IGF Opening Ceremony Support "Multistakeholderism"

Tech Soup

This week, TechSoup Global/Guidestar International's Keisha Taylor has been participating in the Internet Governance Forum in Vilnius, Lithuania. A beautiful rendition of "What a Wonderful World" opened this year's IGF in Vilnius, Lithuania.

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Freelancing is the new normal: oDesk and the future of the workforce marketplace

The Next Web

The main prize of oDesk’s competition is a trip to the Silicon Valley with guided tours to the offices of major Internet companies, including Facebook, PayPal, Autodesk, and others. Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. Have laptop – will freelance.

Russia 151
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SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

It’s also emerged as something of a consolidator in the space: In 2016, SumUp acquired one of its bigger competitors , the Rocket Internet-backed Payleven, which helped expand its footprint to a wider set of markets.

Business 120
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Curve says closing its new $95M Series C funding caused the delay on accounts filing

TechCrunch

It also now has a subsidiary in Vilnius, Lithuania, in order to serve its EU-based following Brexit, and partnered with Samsung for its Pay Card. In December, Curve created a JV with Plaid to bring open banking to the U.K., allowing users to connect and see their bank accounts in one place. However, it hasn’t all been plain sailing.

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Despite remote work and the economic downturn, some companies look to London for expansion

TechCrunch

Proton , the Swiss company behind encrypted email service ProtonMail , already has hubs across its native Switzerland, Lithuania, North Macedonia, and Taiwan. So why are some companies thumbing their noses at all of this, and opening shiny new offices instead? Financial independence. ” City slickers.