Category Archives: Blog

Headless CMS platform Kontent secures new capital to grow its customer base

Kontent, a platform designed to help companies manage business-related content in the cloud, today announced that it raised $40 million from Expedition Growth Capital as part of a growth capital infusion. Newly appointed CEO Bart Omlo says that the proceeds from Kontent’s first external investment will be put toward expanding the company’s marketing and sales…

India says Oppo’s local unit evaded customs duty worth $550 million

India’s Directorate Of Revenue Intelligence, part of the country’s finance ministry, said on Wednesday phone-maker Oppo’s India unit evaded customs duty of $550 million, following similar probes into local units of other Chinese giants Xiaomi and Vivo that prompted Beijing to issue a warning earlier this month. The finance ministry said it has found evidence…

Africa-focused fintech Zazuu raises $2M to scale its cross-border payment marketplace

The remittance inflows to sub-Saharan Africa over the past decade have been on an upward trajectory since 2020; last year, it increased by more than 6% to $45 billion. However, the steady rise of remittance inflows to the region hasn’t made this activity cheaper. According to the World Bank, sub-Saharan Africa remains the most expensive…

Incident.io looks to beef up its Slack-based incident response platform with $28.7M in fresh cash

It’s Incident.io co-founder and CEO Stephen Whitworth’s assertion that there’s fragmentation in the market for software incident management solutions. Customer success tools don’t communicate with engineering tools, he argues, while engineering tools don’t play well with governance, risk, and compliance platforms — resulting in few decision-makers seeing the impact of failure in one place.  There…