CFOtech UK - Technology news for CFOs & financial decision-makers

Investment stories - Page 12

Team

Dragos expands executive team amid cybersecurity market growth

Thu, 21st Nov 2024
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cx
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martech
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advanced persistent threat protection
Dragos has appointed Mark Matheos as CFO, Mark Packham as CMO, and Darren Sankbeil as CSO to enhance its cybersecurity leadership and growth.
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GitHub launches AUD $1.91m fund for open source security

Wed, 20th Nov 2024
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uc
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risk & compliance
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open source
The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.
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Neo4j surpasses USD $200m ARR, eyes further AI growth

Wed, 20th Nov 2024
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
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Iplicit ranks 40th in Deloitte UK Technology Fast 50 list

Tue, 19th Nov 2024
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investment
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deloitte fast 50
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startups
Iplicit has been ranked 40th in the Deloitte UK Technology Fast 50, boasting an impressive 742% revenue growth from 2021 to 2024.
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Iplicit appoints industry leaders to advisory board

Tue, 19th Nov 2024
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sage
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investment
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c-suite
iplicit has appointed Øystein Moan and Nic Humphries to its advisory board as it targets GBP £100m ARR within six years amid significant growth plans.
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UK cities approve 89% of data centre applications

Tue, 19th Nov 2024
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investment
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digital infrastructure
Research by Onnec reveals that 89% of data centre planning applications in the UK's largest cities were approved in the past five years.
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Tiger Technology targets USD $10M funding for cloud growth

Tue, 19th Nov 2024
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storage
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hybrid cloud
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cloud storage
Tiger Technology is set to secure USD $10M in Series A funding, driven by strong demand for its hybrid cloud data management platform amid soaring data costs.
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Coventry & Warwickshire offer GBP £4.35m for innovation

Tue, 19th Nov 2024
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uc
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clean technologies
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ar, vr & metaverse
Coventry and Warwickshire are offering GBP £4.35 million in funding to boost innovation and business growth in the local Immersive and Creative technology sector.
Damon anderson chief marketing officer  iplicit

Iplicit strengthens executive team for substantial growth

Tue, 19th Nov 2024
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saas
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financial systems
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xero
Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.
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DeepL launches real-time speech translation products

Tue, 19th Nov 2024
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cx
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martech
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captions
DeepL has launched its voice translation solution, DeepL Voice, enabling real-time spoken translations for meetings and conversations across multiple languages.
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Avanade report: mid-market firms embrace AI despite hurdles

Mon, 18th Nov 2024
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data analytics
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digital transformation
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genai
Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.
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Salesfire secures GBP £2.75 million for AI advancement

Mon, 18th Nov 2024
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cx
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martech
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ai
Salesfire has secured GBP £2.75 million in funding to advance its AI technology for eCommerce, creating over ten new jobs in the next two years.
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HMC Capital acquires iseek platform for AUD $400 million

Fri, 15th Nov 2024
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hyperscale
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dc
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asx
HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.
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CloudBolt & CloudEagle.ai join forces for SaaS savings

Mon, 11th Nov 2024
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saas
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investment
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cloudbolt
CloudBolt Software has teamed up with CloudEagle.ai to enhance cloud and SaaS management, aiming for increased returns on USD $4 billion investments.
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Infinigate reports GBP £1.2 billion revenue, 14% growth

Fri, 8th Nov 2024
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saas
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network infrastructure
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cybersecurity
Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.
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CVC & CD&R finalise investment in Epicor software firm

Fri, 8th Nov 2024
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investment
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epicor
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cvc
CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.
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Thesys secures $4m to advance generative UI designs

Fri, 8th Nov 2024
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digital transformation
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cx
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martech
Thesys has secured USD $4 million in funding led by Together Fund to revolutionise AI-driven interfaces with its innovative 'Generative UI' platform.
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Delska begins work on GBP £30m data centre in Riga

Thu, 7th Nov 2024
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digital transformation
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iot
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ai
Delska has celebrated a key milestone in its Riga data centre project, a GBP £30 million investment aiming for Tier III certification and renewable energy use.
Tom obermaier   04

Ripjar appoints new CEO amid significant investment boost

Tue, 5th Nov 2024
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risk & compliance
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ai
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government
Ripjar has secured a majority growth investment from Long Ridge Equity Partners, appointing Tom Obermaier as its new CEO to enhance global operations.
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Bain Capital acquires 80% stake in AQ Compute venture

Tue, 5th Nov 2024
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hyperscale
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dc
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ai
Bain Capital has acquired an 80% stake in AQ Compute, aiming to bolster its sustainable data centre operations across Europe amid rising data demands.