Tags: Funding

Apttus puts off IPO again and raises funds

Apttus has just raised another $55 million in a series E funding round. This comes as a slight surprise as Apttus had been powering towards an IPO as a means to raise additional funds. Preparing for an IPO that hasn’t come Kirk Krappe originally indicated that Apttus would IPO in the first half of 2017,…

FreshBooks boosted by funding round

FreshBooks has announced the completion of a Series B funding round. They raised US $43 million with an investment led by their previous minority vendor Georgian Partners. Other investors in the round included Accomplice and Oak Investment Partners, who led the Series A funding in 2014. As part of the agreement Simon Chong, managing partner…

Preparing for investment or exit – are you ready?

I was a panellist in a seminar recently and the topic of discussion was ‘Preparing for investment or exit’. It was very well attended and we had lots of audience engagement. The attendees were a mixture of start-up businesses looking to go to market for funding and more established business looking to prepare for exit.…

Business Leader Interview Vinay Joosery, CEO Severalnines

Vinay Joosery is the CEO and co-founder of Severalnines.  Severalnines provides automation and management software for database clusters. They help companies deploy their databases in any environment, and manage all operational aspects to achieve several nines availability. Previously, Joosery held the post of Vice-President EMEA at Pentaho Corporation – the Open Source BI leader. He…

Microsoft prepare $19.75bn war chest

Microsoft has announced the pricing of $19.75 billion senior unsecured notes in eight tranches. The notes will mature in varying amounts between 2019 and 2056. This offering will take the long term liabilities to more than $60 billion. The interest rates payable are slightly lower than the last offering and it will be interesting to…

Rimini Street wins after losing

Rimini Street announced that it has raised $125 million in a funding round led by Colbeck. This follows the much published court case against Oracle in which Rimini Street and Seth Ravin paid $50 million in damages last October. Spinnaker, Rimini Street’s main rival, sought to use that case to undermine the future of Rimini Street…

Sage strengthens ERP with Fairsail

Sage recently announced strong half year results which included a 6.2% increase in revenue, including a 17.2% revenue growth for Sage X3 its large enterprise ERP solution. This week they announced an extended partnership with Fairsail, the cloud HRM solution that is built upon Salesforce.com. Enterprise Times spoke to Alan Laing, Sage’s EVP of partnerships…

Sansan for Salesforce?

Looking around my desk I have several boxes  of business cards, some boxes are still sealed and contain my own, while others are filled from those collected from meetings and events. Even in the days of LinkedIn this is still a challenge as I seek to understand who I know from different companies. Sansan are…