Safra Catz is appointed as the sole CEO of Oracle. The decision comes after the tragic death of former CEO Mark Hurd in October this year. The news of her appointment is confirmed by Larry Ellison in the company’s second quarter results. “We have no plans for having a second CEO, it was an unusual…
Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) provider, has received an additional funding of $10mn from Crestline Investors (Crestline). The company was founded by Upen Varanasi in 2001. In 2017, Crestline invested $35 million in Riversand in Series A round funding. The additional investment will be used to continue Riversand’s product innovation as…
Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) and Product Information Management (PIM) solution provider, announced today it has received additional funding from Crestline Investors (“Crestline”), a credit-focused institutional alternative asset manager. In 2017, Crestline invested $35 million in Riversand for a Series A round. The additional investment will be used to continue Riversand’s…
Info Edge (India) will be investing about Rs 35 crore in Greytip Software, a provider of cloud HR and payroll software solutions. Greytip was founded in 1994 and started focusing on software as a service (SaaS) in 2011. It has over 9,000 customers spread over 150 cities in India and the Middle East. A number…
The US-based investment firm Tiger Global Management has advanced talks to invest $5-6 million each in two early-stage software companies Fyle and Facilio. “The New York-based investment firm has issued term-sheets to the two software companies, according to three people aware of the development,” ET reported. For the past three years, the firm stayed low by focusing…