Briefs: New CEO for EEDA; Sagentia to complete switch to AIM
Deborah Cadman is the new chief executive of the East of England Development Agency.
EEDA said her main priorities are working with partners to harness the region's potential, and ensuring that EEDA is best-placed to help businesses large and small to be better equipped to compete in global markets, and to be more resource efficient.
Ms Cadman joins EEDA from...
‘Strong organic growth’ delivers more records for Autonomy in 1H08; beats street concensus
Autonomy Corporation plc (AU.L), market leading specialists in infrastructure software, reported a 66% increase in revenues to $230.7m for the six months ended June 30, 2008, while gross profit increased 64% to $207.8m compared to the same period in 2007.
Both were records for the Cambridge-HQed group. The share market applauded, marking its shares up 3.4% to 1,042p, taking its market capitalisation to around...
Briefs: Amadeus leads $16m financing for Secerno; Meldex CDO says he may bid for the company
Amadeus Capital Partners, the European technology investor, has led a $16m second round financing of Secerno Ltd, an Oxford company supplying software and appliances that provide a high level of protection against internal and external threats to databases. Eden Ventures and Spark Ventures, both previous investors in the company, have also participated in this round.
Secerno will use the funding for further development...
Briefs: Autonomy wins UK ‘Business Oscar’; Cambridge Consultants launch pocket-sized printer with Bluetooth
Autonomy Corporation plc, a global leader in infrastructure software for the enterprise, said that Foundography, a subsidiary of Nexus Business Media Ltd, has selected Autonomy to power vertical search on its website for IT professionals: foundographytech.com. The site enables business information users to access only the information they want and through Autonomy's...
Briefs: OpenCloud raises $10m in 2nd round funding; Antitope signs research deal with Fusion Antibodies
OpenCloud Ltd, supplier of real-time application servers for next-generation telecom services, said it has closed a $10m second funding round.
Existing institutional investors, Advent Venture Partners, No 8 Ventures and Motorola Ventures together with Silicon Valley Bank provided the debt and equity investment. The investment will support the global sales, marketing, delivery and support of OpenCloud's Rhino product set.
OpenCloud...
