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 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…
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.…
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…
Apttus has successfully raised $88 million in a series D funding round. The largest funding to date was led by GII (Gulf Islamic Investments). Several other investors both new and existing also participated including K1, Iconiq and KIA. This may mark the last phase of Apttus being in private ownership. It is looking to return to…
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 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 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…
MariaDB has announced that it has managed to secure another $9 million in funding taking the funding achieved by the company to $40 million. The completion of a successful funding round comes at a time when many companies are finding it hard to raise funds as equity begins to dry up in the tech sector.…
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…