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#NYCtech Week in Review: 11/5/23 – 11/11/23 – AlleyWatch

#NYCtech Week in Review: 11/5/23 – 11/11/23 – AlleyWatch
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Croatia's Microblink names new managing director


Croatia s Microblink names new managing director
Croatia s Microblink/Photo: https://www.silversmith.com/
ZAGREB (Croatia), March 2 (SeeNews) - Croatian AI-powered computer vision software developer Microblink said it has appointed Igor Strejcek new managing director.
Strejcek will also take the role of global vice president of operations, Microblink said in a statement on Monday.
At the same time, Microblink co-founders Izet Zdralovic and Damir Sabol are stepping down from the executive team to assume advisory and supervisory responsibilities within the company.
Strejcek previously was head of direct channels division at Erste&Steiermarkische bank.
Microblink builds computer vision products that help businesses digitise documents, automate processes, and eliminate manual data entry. ....

Damir Sabol , Izet Zdralovic , Erste Steiermarkische , Igor Strejcek ,

US firm invests $60m in Croatia's Microblink


(Photo: Microblink)
ZAGREB, Dec 16 (Hina) – US growth equity firm Silversmith Capital Partners has invested $60 million in Microblink, a global leader in artificial intelligence-based computer vision technology, the Croatian company announced on Wednesday.
“Since its foundation seven years ago, this is the first time that outside capital has entered Microblink. With a strategic, long-term approach, we have managed on our own, by reinvesting the profit, to develop a company that has become a global tech leader in its segment. This has been a very successful first stage in the company’s development, and our further ambitions are even greater,” Microblink’s co-founder Damir Sabol said. ....

Damir Sabol , Izet Zdralovic , Darren Bassman , Silversmith Capital Partners , Boston Based Silversmith , Silversmith General Partner Sri Rao , சில்வர்ஸ்மித் மூலதனம் கூட்டாளர்கள் , போஸ்டன் அடிப்படையிலானது சில்வர்ஸ்மித் , சில்வர்ஸ்மித் ஜநரல் கூட்டாளர் ஸ்ரீ ராவ் ,