Hubilo, a global virtual events platform, has raised GBP92 million in Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. This brings the company’s total funding to GBP113 million to date in less than 18 months. The investment, one of the largest in
Foresight Group (Foresight), a leading UK listed infrastructure and specialist regional private equity investment manager, has sold Accrosoft Limited, a recruitment and employee onboarding software company, to Acendre Technologies Inc, a global HR software business headquartered in the US. Based in Loughborough, Accrosoft was founded in 2008 by Alex Khakbiz
CarDekho, India’s largest car search platform, has closed a USD250 million round of funding that included USD200 million Series E equity and USD50 million debt in its pre-IPO round.
UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation UMBF), has launched an automated optical character recognition (OCR) processing programme. The technology enables faster, more accurate processing of handwritten subscription and tender documents by replacing manual reviews with OCR software and bot technology, turning what previously amounted to hundreds
After six successful years of growth within the Econocom Group, Alter Way, an French player in open source computing specialising in consulting, managed services and the hosting of digital platforms in the cloud, is merging with Smile, a European specialist in digital and open source technologies. By selling 100 per
Accenture is to acquire BRIDGEi2i, an artificial intelligence (AI) and analytics firm headquartered in Bangalore, India, with additional offices in the US and Australia. The acquisition will add more than 800 professionals to Accenture’s Applied Intelligence practice, strengthening and scaling up its global capabilities in data science, machine learning and
Riskonnect, a specialist in integrated risk management (IRM) solutions, has acquired ICIX, a California-based value chain governance company that empowers businesses to manage, monitor, and verify ESG performance. The acquisition accelerates Riskonnect’s global growth by expanding its IRM product suite to better serve the increasing risk and compliance demands of
PDQ.com, a provider of IT asset management software, has acquired SimpleMDM, an Apple device management platform.
Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, has completed its acquisition of L3Harris Technologies’ (NYSE:LHX) Electron Devices and Narda Microwave-West divisions. The Company will now operate independently as Stellant Systems (Stellant), a standalone platform for Arlington in the mission-critical defence electronics market. The transaction is occurring in
Raiven Capital, a global early-stage venture fund, today announced its investment in KnowWake, a marine navigation platform for recreational boaters.
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