Month : March 2021
Arteria AI Raises $11 Million on Oversubscribed Series a From a Syndicate LED by Information Venture Partners
Arteria AI Inc., a global leader in enterprise digital contracting, is pleased to announce that it has closed an oversubscribed Series A funding round, led by Information Venture Partners and Illuminate Financial Management (“Illuminate”), with participation from Golden Ventures and StandUp Ventures. Arteria will use these funds to scale its......
SEB Accelerates Digitization Journey with Google Cloud Partnership
SEB and Google Cloud collaborate on innovative new products and services to provide the bank’s customers with a better user experience SEB and Google Cloud announced that they have entered into a strategic, long-term partnership to accelerate the bank’s digitization journey. SEB, a leading Nordic financial services company, will use Google Cloud’s innovative cloud......
Clients Live on Charles River’s Investment Management Solution Built on Microsoft Azure
Charles River Development, a State Street Company, announced that the first 10 clients to adopt its strategic cloud solution are now live. The Charles River Investment Management Solution (Charles River IMS) on Microsoft Azure helps set a new industry standard as a cloud-based offering that helps firms innovate, bring new......
Supreme Court Confirms Right to Sue Insurance Companies for Overcharges, Says Consumer Watchdog
Decision Rebuffs Industry Arguments Against Proposition 103 Enforcement Rights In a decision that will likely affect California motorists, homeowners, small businesses and even medical providers, the California Supreme Court has ruled that insurance companies are not immune from lawsuits by consumers who were overcharged for title insurance coverage as part of a......
Generali France Adopts Akur8 to Enhance Their Insurance Pricing Process
Generali France and Akur8 are thrilled to announce their multi-year partnership to boost Generali’s pricing capabilities in France. Both companies are happy about this collaboration, as their teams have been working together since last summer, applying Akur8’s Transparent AI-powered solution to boost Generali France’s rate-making capabilities. Partnering with the French......
Matt Zames Steps Down as President of Cerberus
Cerberus Capital Management, L.P. announced that Matt Zames is stepping down as President of Cerberus and Chairman of Cerberus Technology Solutions. Mr. Zames joined Cerberus three years ago. During his tenure, he led a number of investments in the financial services and technology industries, among other responsibilities, including overseeing the......
Openpay Launches Into The US And UK Healthcare Markets With ezyVet
Partnership With Cloud-Based Practice Management Software Platform ezyVet Signals The Formal Launch Of OPY USA’s Differentiated Offering Into The US Healthcare Market And Triggers Openpay UK’s Expansion Into The Healthcare Sector ‘Buy now. Pay smarter.’ company, Openpay Group Ltd announced its entry into the US and UK veterinary markets via new......
Thoma Bravo to Acquire Calypso Technology from Bridgepoint and Summit Partners
Leading software investor to partner with Calypso to drive further growth and innovation in capital markets technology Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, announced that it has reached an agreement to acquire Calypso Technology, Inc. from international private equity group......
Payfare Completes Initial Public Offering
Payfare Inc. successfully closed its previously announced initial public offering of 10,900,000 Class A common shares at a price of $6.00 per Common Share for total gross proceeds of C$65,400,000. Payfare will use the net proceeds from the Offering to repay its short term debt in full, finance growth and......