WANdisco seeks emergency £24m raise to bolster balance sheet
Troubled data company WANdisco is looking to raise an emergency $30m (£24m) in equity fundraising to avoid collapse this summer. As of April 30, WANdisco...
Category : big data
Three UK universities to become regional SME tech hubs
The Hartree Centre has given three UK universities £4.5m to become regional SME tech hubs. Cardiff University, Newcastle University and Ulster University will promote the...
WANdisco appoints ex-Sage boss as interim CEO amid fraud probe
Troubled data firm WANdisco has appointed a former Sage Group CEO as the interim chief executive as the company faces continued regulatory roadblocks. Stephen Kelly,...
FCA launches probe into data firm WanDisco
After the discovery that the company may have falsified millions in revenue, the Financial Conduct Authority (FCA) is launching a probe into data firm WANdisco....
Startup combatting the internet’s ‘ticking time bomb’ scoops £7.3m
Video compression startup Deep Render has received $9m (£7.3m) through a combination of equity and grant funding. The London-based company is developing file compression technology...
CMA says £1.2bn data firm merger could raise costs for NHS
The UK’s competition regulator has raised concerns that a £1.2bn merger of two data firms based in the US and UK could result in higher...
London-listed data firm WANdisco eyes up New York float
The London Stock Exchange could be in for another blow to its tech listing aspirations as AIM-listed data firm WANdisco explores the possibility of leaving...
Ramp closes £4.1m for automated revenue forecasting
London-based software startup Ramp has closed $5m (£4.1m) in seed funding for its automated revenue forecasting tools. The investment round was led by AlbionVC and...
Three great data science roles hiring now in the UK
The headlines surrounding tech layoffs have been stark: since the start of the year, 421 tech companies have laid off 119,593 staff globally. In the...
Meta temporarily avoids UK data lawsuit payout
Facebook parent company Meta has held off a UK lawsuit, which was filed against it over alleged abuse of market dominance in the monetisation of...
