COBALT has advised venture capital firm Karma Ventures on its investment in Plumbr which the company describes as milestone round in view of Karma Ventures being the first institutional investor in the company.
Plumbr software makes digital user experiences transparent by monitoring interactions that users perform with customer software. It also exposes root causes of performance and availability issues that trigger poor user experience.
Karma Ventures is an early-stage venture capital firm, specialised in seed and A round investments in Europe’s most promising tech startups. Its key investors include Ambient Sound Investments and the Baltic Innovation Fund, a fund-of-fund initiative launched by the European Investment Fund in close cooperation with the governments of Estonia, Latvia and Lithuania.
Karma Ventures was advised by Partner Kristel Raidla-Talur and Associate Greete-Kristiine Kuru on all transactional matters, as well as Specialist Counsel Ave Piik and Associate Aleksander Tsuiman on IP matters.
Read the press release here.