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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

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Location data analytics startup Placer.ai raises $50M Series B

TechCrunch

It’s been a very tough year for Placer.ai ’s core customer segments of retail and commercial real estate, to put it mildly. But the foot traffic and location analytics startup saw growth in new categories, including consumer packaged goods (CPG) and hedge funds that use its tech to perform due diligence.

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Flippa raises $11M to match online asset and business buyers, sellers

TechCrunch

The company also offers due diligence and acquisition financing from Thrasio-owned Yardline Capital and a new service called Flippa Legal. Online retail, as a share of total retail sales , grew to 19.6% Our strategy is verification at the source, i.e. data,” Hutchison said. in 2020, up from 15.8%

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How Antler East Africa is building early-stage startups with experienced professionals

TechCrunch

” It helps founders build complementary co-founding teams, provides support with deep business model validation and a global platform for scaling their businesses. Melalite Ayenew is the firm’s tech partner. After six months of incubation, the firm invests in the teams they can help further.

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

The company claims that with its platform, developers can “configure in hours, integrate in days, and go from idea to full stack deployment in as little as three weeks.” . But Productfy, unlike many other BaaS companies, is not just focused on developers. Put more simply, Productfy wants to be the “Shopify of embedded finance.”

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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Another publication stated the founders had not been reporting to the board, its representatives and shareholders during on-site in-person due diligence for a potential merger. .

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Use radical objectivity to create and retain an inclusive workforce

TechCrunch

James Nash is CEO and founder of inbeta , a tech-enabled talent specialist using data, social listening and human science to help corporations overcome bias. Recent research by McKinsey shows that organizations with the most ethnically diverse teams are 36% more likely to financially outperform those with the least. James Nash.