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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. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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CodeSignal secures $50M for its tech hiring platform

TechCrunch

In less than a year after raising $25 million in Series B funding , technical assessment company CodeSignal announced a $50 million in Series C funding to offer new features for its platform that helps companies make data-driven hiring decisions to find and test engineering talent. Hiring talent is the No.

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Puls Technologies lands $15M to provide on-demand home repair service

TechCrunch

That’s where Puls Technologies come in. Puls raises $50 million for in-home technical support. The company initially got started in 2015 as a mobile phone repair service, and in 2020 underwent a management shift that pivoted the business model to memberships, Gabi Peles, Puls CEO, said via email. Puls Technologies app.

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Gen Z social app Yubo rolls out age ‘estimating’ technology to better identify minors using its service

TechCrunch

Yubo , a social livestreaming app popular with a Gen Z audience, announced today it’s becoming one of the first major social platforms to adopt a new age verification technique that uses live image capture technology to identify minors using its app, in order to keep them separated from adult users. ” Image Credits: Yubo.

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Battery Ventures Sees AI’s Massive Impact On Tech, And It’s Here Already

Crunchbase News

Battery has made investments in Arize , Weaviate and Galileo in technologies that assist companies with model management and performance. Thakker joined Battery in 2015 to build out its infrastructure, data and cloud practice. And so, we’re seeing this innovation fully impact productivity in the tech sector.”

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Why, and when, CIOs deserve a seat at the M&A negotiating table

CIO

When one company acquires another, it’s typically to enter a new market, gain market share, or obtain a new technology. I know that sounds so ‘duh,’ but often people make acquisitions and only then realize what they bought, technology-wise,” he says. You’re buying people just as much as you’re buying technology,” he says.

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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

Joseph Rehmann founded Victory Farms in 2015. In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. The company recorded a 130% CAGR between 2017 to 2021.