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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

Capital 617
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How to capitalize on ‘Trustworthy AI’

CIO

When a new wave of technology innovation seems to be breaking over the horizon, the fear of missing out — FOMO — can drive hasty decisions on new IT investments.

Capital 899
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Shutterstock capitalizes on the cloud’s cutting edge

CIO

Advancements in analytics and AI as well as support for unstructured data in centralized data lakes are key benefits of doing business in the cloud, and Shutterstock is capitalizing on its cloud foundation, creating new revenue streams and business models using the cloud and data lakes as key components of its innovation platform.

Capital 554
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Securing Venture Capital for Your New Cloud Startup

Smart Data Collective

You won’t be able to do so without a significant amount of capital. You are going to need to recognize the barriers to entry in this industry and make sure that you have access to the capital needed to cover these costs. You might want to consider using venture capital to raise the funds needed to grow your cloud business.

Startups 206
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Snowflake Summit: How Capital One Uses ZoomInfo to Modernize its GTM

Zoominfo

That’s the problem Capital One’s Commercial Banking business faced before it partnered with ZoomInfo. Today, with ZoomInfo’s Data as a Service delivered into Snowflake, Capital One’s team is able to run a modern go-to-market motion, reclaiming vast amounts of prospecting time for its sales professionals.

Capital 130
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Venture Capital in the Age of AI: Transforming Due Diligence

Alpha Sense BI

Over the last 12-18 months, both venture capital investors and start-up firms have felt the aftershocks of ongoing economic volatility. Following a ‘dry powder’ run in 2021, venture capital investment in the US nearly doubled from 2020. Similar to other asset classes, venture capital deal patterns mirror macroeconomic sentiment.

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Three Forces Drove Venture Capital Trends in 2020

Zoominfo

Venture capital firms that focused on Series A funding before the pandemic are now joining seed investors in backing early startups, some of New York’s top seed investors said in a virtual panel hosted by Eniac Ventures ,” reported Karma, a site that covers sustainable business news. Angel grew by 27%, Series A by 5%, and Series B by 8%.

Capital 230