Weinhold Legal has successfully advised Czech technology company ThreatMark in its Series A financing round, securing an investment exceeding $23 million from London-based Octopus Ventures and global investment firm The Riverside Company.
ThreatMark, a leader in behavioral analysis and fraud prevention in digital banking, has made a significant strategic move towards international expansion with this investment. The funds will be used to strengthen technological innovation and expand operations in key markets, including the United Kingdom and the USA.
Weinhold Legal provided comprehensive legal support throughout the transaction, covering due diligence, transaction structuring and negotiating a complex set of contracts to completion. The team, led by Pav Younis, included Jakub Nedoma, Matěj Novák, and Tomáš Novák.
"This transaction represents a pivotal step for ThreatMark in expanding its reach beyond the Czech Republic and reinforces global investors' confidence in its innovative approach to fraud prevention. We are proud to have played a role in this important milestone and to support our client’s continued growth,"said Pav Younis from Weinhold Legal.