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OrthoFX, a San Francisco-based orthodontic startup, announced that it has raised $13 million funding led by SignalFire, in association with Unusual Ventures by Jyoti Bansal (founder of AppDynamics), ShangBay Capital, and Kairos Ventures, according to YourStory report. Founded in 2017 by Ren Menon, Nichole Garcia, and Henry Chan, OrthoFX specialises in premium tech-enabled teeth aligners,…
Credera, a consulting firm focused on strategy, transformation, data, and technology, announced it has acquired a majority stake in London-based DMW Group to expand its consulting and digital transformation capabilities into Europe. Credera is part of Omnicom Precision Marketing Group, the digital and customer relationship management specialist practice area within Omnicom Group Inc. DMW is…
Digital Align, a leader in business process transformation for credit unions, announced the addition of Raj Bandaru, CIO at Gesa Credit Union and a client, to its Advisory Board. “I am excited to join Digital Align Inc as an Advisor. Digital Align is working on innovative ways to help credit unions transform digitally and is…
UM, the global media agency network of IPG Mediabrands, announced the appointment of Arielle Garcia as its first Chief Privacy Officer, effective immediately. In her new role, Garcia will oversee the launch and implementation of UM’s privacy program, including: setting the vision and strategic direction; developing and implementing policies and procedures; and creating education, training…
Z Capital Group, a global investment firm with complimentary private equity and credit businesses, announced the appointment of Shahid Khoja as a Director and member of Z Capital Credit Partners’ (ZCCP) Investment Team. In his new role, Khoja is responsible for research and analysis on existing and prospective performing and distressed investments, the Company said.…
Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has entered into a definitive agreement to acquire Delphi Technology Inc, a leading vendor of software solutions for property & casualty (P&C) carriers, with a focus on the medical professional liability markets. U.S.-based Delphi, founded in 1989 and headquartered…
Prakash Gupta, Co-Founder and COO of 42Gears, a leading unified endpoint management solution provider, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives. Prakash Gupta was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has selected Google Cloud as the cloud provider for its enterprise-wide SAP footprint. According to Wipro press statement, the engagement will bring SAP applications and workloads to the cloud to support Wipro’s 180,000 employees. This latest collaboration solidifies the strategic…
Geltor, a biodesign company that has created the world’s largest selection of designer proteins, announced the closing of a $91.3 million Series B financing that will fuel the global expansion of its Ingredients-as-a-Service platform. The funding round aims to meet accelerating demand from global CPG companies for sustainable, functional, and 100% animal-free ingredients. The round…
Match Group announced that Jim Lanzone has been appointed Chief Executive Officer at the company’s flagship brand, Tinder. He is succeeding Elie Seidman who is stepping down. Lanzone’s first day is August 3rd and he will report to Match Group Chief Executive Officer, Shar Dubey. Prior to this role, Lanzone has served in various roles…
Merchant commerce platform Pine Labs recently announced the appointment of Nitish Asthana as the President & Chief Operating Officer (COO). Joining the company’s leadership team, Nitish will focus on accelerating the company’s efforts towards technology innovation and increasing digital payment acceptance among merchants across India and Southeast Asia. With more than two decades of experience…
U.S. satellite broadband provider Hughes Network Systems has agreed to invest $50mn in the British government and Bharti-backed consortium buying collapsed satellite operator Oneweb. Hughes previously partnered with OneWeb, which collapsed in late March with 74 out of a planned 650 satellites launched after top backer SoftBank Group Corp declined to provide further funding. “This…
Medical technology company Mindera Corporation recently announced that it has appointed George W. Mahaffey as company President and Chief Executive Officer. In his new role, Mahaffey will also serve as a Director of the Company. Treatment of chronic skin conditions is a major cost burden to the health care system. In particular, moderate to severe…
Birlasoft, part of the USD 2.4 billion diversified, The CK Birla Group, and Bond-Pro, the leading provider of Surety and Specialty Insurance software products, announced the execution of an agreement to provide a variety of services to Sureties, who have opted to license Bond-Pro Enterprise Next Gen. This includes business process transformation consulting and strategy,…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has been positioned as a Leader and Star Performer in Everest Group PEAK Matrix for Open Banking IT Service Providers 2020. According to the Wipro press statement, the report analyzed changing dynamics of the open banking IT services landscape and…