The Better Bet: Edtech or Cybersecurity
Several market reports suggest that the global edtech market will grow from USD 133 billion in 2023 to USD 433.17 billion by 2030. The edtech market is currently plagued by a combination of factors including plunging valuations, concerns about profit and revenue among the investors, lack of funding, reopening of the schools and colleges in […]
Taulia extends partnership with Optima ECM Consulting
Taulia, a leading provider of working capital management solutions, has partnered with Optima ECM Consulting, a global implementation organization, to collaborate across their respective customer and prospect bases. This partnership will combine Taulia’s suite of products, which is fully integrated with SAP Business Network, with the strength of Optima’s global brand. In turn, this will […]
DIV Industrial appoints Tom Donahue as Partner and Head of Development
DIV Industrial, an institutional-level investor and developer of industrial real estate, yesterday announced the appointment of Tom Donahue as Partner and Head of Development. Donahue is a well-known development professional within the commercial real estate industry who brings over 20 years of construction and development experience to his new role. His expertise and proven track […]
Veracyte welcomes Marie-Claire Taine as General Manager IVD Business Unit
Veracyte, Inc. announced that Marie-Claire Taine, Ph.D., will join Veracyte as general manager of the company’s in vitro diagnostics (IVD) Business Unit, based in Marseille, France. She will lead the global expansion of Veracyte’s tests and will also serve as site lead for the company’s Marseille operations. Dr. Taine is a highly credentialed commercial operations leader with […]
Prudential Financial and Warburg Pincus launch Prismic Life
Prudential Financial, Inc.(Prudential) and Warburg Pincus yesterday announced the launch of Prismic Life Reinsurance, Ltd. (Prismic), a licensed Class E Bermuda-based life and annuity reinsurance company. Prudential and Warburg Pincus, together with a group of investors, have agreed to make equity investments in Prismic and will oversee its long-term strategy through participation on its board of directors. […]
June announces EBITDA Profitability at USD 54Mln Revenue Scale
June, a proptech company improving the rental experience for both tenants and landlords, yesterday announced that it is among the first venture-backed real estate operators to achieve EBITDA profitability. The company became profitable with annualized revenues surpassing $54 million while sustaining an impressive growth rate of more than 60% year-over-year. The company also announced that […]