ProArch, a software firm based in Alpharetta with ties in India and beyond, has acquired a New York-based company to strengthen its U.S. operations. The company has more than 200 customers and 215 employees worldwide and offices in London, Singapore and multiple cities in India, but last year the company began looking to build out its U.S. […]
Ebix Preaches Resilience as Extended India Lockdown Hits Bottom Line
Metro Atlanta-based Ebix Inc. says its broad diversification kept the company profitable in the first quarter, despite an extended lockdown in India and pandemic-related restrictions that pummeled business segments that are highly dependent on travel. The Johns Creek-based insurance software provider, travel marketplace operator and financial technology firm posted a drop in revenues of about 4 percent to $137.9 million, down from […]
Zoom-Bombing and Data Sharing: Don’t Forget about Privacy and Security While Telecommuting During Pandemic
Editor’s note: This commentary was written by Arnall Golden Gregory LLP attorneys Kevin Coy and Montserrat Miller and is published as a part of the firm’s annual sponsorship of Global Atlanta. By now, the COVID-19 pandemic has forced most organizations to adjust their operating practices to continue operations, meetings, classes and services remotely as mush […]
Tracking Tech Provider Raises $6.6M, Nets Former UPS Exec for Board
While much of the world has shut down, Atlanta-based LocatorX, which provides tracking technologies for goods in transit, has experienced an eventful few weeks. In early April, it capped off a year of fundraising at $6.6 million and announced that former United Parcel Service Inc. CFO Kurt Kuehn would join its board of directors. A […]
Invoice Insights: PrimeRevenue Sees Early Indications of Recovery Among Chinese Suppliers
Editor’s note: The following commentary by PrimeRevenue CEO P.J. Bain first appeared on PrimeRevenue.com but has been adapted for this publication with permission. PrimeRevenue has closely monitored COVID-19 and its impact on global supply chains since the beginning of the year both by speaking to our customers as well as leveraging the data we have. […]
Dubai Makes Its (Pre-Pandemic) Investment Pitch in Atlanta
The focus may have been on its gleaming skyscrapers, upscale homes and a (potentially postponed) world expo in October, but a presentation on Dubai March 12 showed that the emirate has a few business sectors, especially in technology, that could complement Atlanta well. The “Demystifing Dubai” seminar was held at the Commerce Club downtown March 12, […]
Supply-Chain Software Firm With Global Reach Raises $3.6M
An Atlanta-based software firm with more than 100 global customers including Coca-Cola Beverages Africa and France’s Michelin Tires, has raised $3.6 million from existing investors in its latest funding round. Demand Driven Technologies’ solutions help companies better manage their supply chains, aligning the purchase of materials to sales rather than loose forecasts. CEO Erik Bush says […]
Brazil Acquisition to Deepen Sinch’s Latin America Reach From Atlanta
A $119 million acquisition in Brazil will help Sinch, a provider of messaging systems to help companies engage with customers via texts, calls and video messaging on their mobile phones, broaden its Americas outreach from Atlanta. The Stockholm, Sweden-based tech company has agreed to buy Wavy, Brazil’s second largest business messaging service with a headquarters in Sao Paulo, […]
Atlanta’s Riskonnect Expands Into U.K. With Acquisition, Belfast Office
Riskonnect, an Atlanta-based provider of software and solutions that help companies manage risk and government compliance, has made significant moves into the United Kingdom, opening a Belfast office and acquiring a London-based company within the same week. Invest Northern Ireland, the economic development agency, announced last week that Riskonnect would hire 100 in what will become […]
Kabbage Co-founder Advocates Three-Week Global Quarantine to Mitigate Small Business Harm From Coronavirus
One prominent Atlanta tech executive is calling for a three-week global quarantine he believes could help the world get a handle on the novel coronavirus in relatively short order. In a blog post published as Italy enacted a nationwide lockdown and markets panicked on news of the COVID-19 disease’s spread to 100-plus countries, Kabbage CEO […]
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