Tech

Upland Software acquires RightAnswers for USD17.2 million
Tech

Upland Software acquires RightAnswers for USD17.2 million

Upland Software Inc has announced it is acquiring RightAnswers for $17.2 million. RightAnswers is a cloud-based knowledge management system. The company also raises its 2017 guidance as well as raising its adjusted EBITDA margin target to 40%. The company said the RightAnswers deal included $2.5 million cash holdback payable in […]

U.K based startup, Farmdrop raises GBP7 million
Tech

U.K based startup, Farmdrop raises GBP7 million

A U.K based online grocery platform, Farmdrop, has raised £7 million in Series A funding. Leading the round is Atomico, the London VC fund founded by Skype co-founder Niklas Zennström. The farner-friendly platform was launched in 2014 is basically a service that affords buyers the opportunity to order groceries online […]

Yahoo reports USD1.3 billion in Q1 revenue
Tech

Yahoo reports USD1.3 billion in Q1 revenue

Yahoo Inc. Said in its first quarter earnings result that it gross revenue grew to USD1.3 billion from USD1 billion reported in the previous year. The result showed a general improvements in its top and bottomline overview for the quarter and beyond. Commenting on the result, Marissa Mayer, CEO of […]