• Armorize Lands More Funding For Web App Security Technology

    Armorize, provider of web application security solutions, has secured a Series B round of financing from its (unnamed) Silicon Valley-based Series A investors, Estonian seed fund Ambient Sound Investments and Asian firm Birch Venture Capital. Armorize provides Web application security solutions such as malicious code detection, real time web application protection, and static source code… Read More

  • Estonian Pet Community Network Raises €480,000 From Skype Co-founders Et Al.

    Estonia-based United Dogs and Cats, which operates two pet-specific community websites dubbed and, has raised €480,000 in VC funding. The money comes from individual investor Raivo Hein, the state-owned Estonian Development Fund and Ambient Sound Investments, the investment group led by co-founders of Skype that had previously seeded the startup with €170,000… Read More

  • Skype Founders Invest in Frenzoo

    Ambient Sound Investments, a company established by the four co-founding engineers of Skype, have invested in the Hong Kong based 3D social networking company Frenzoo as part of a Series A round of investment aimed at expanding the service through out Asia. ASI owners include Priit Kasesalu and Jaan Tallinn, Senior Developers at Skype, Ahti Heinla, Chief Architect at Skype and Toivo Annu, a… Read More