Deepscope

PAYMENTS

Emburse | June 17, 2021

Emburse has launched its Emburse Pay - B2B Payments integrated payables product, which allows workforces to oversee and monitor the invoice approval and payment workflow from start to end. In the release, Rajeev Subramanyam, general manager of Emburse Pay, said, "Our Emburse Pay suite of solutions was developed to streamline what has traditionally been a time-consuming and wasteful process - manually reconciling corporate payments." “In B2B Payments, we'...

Gemspring Capital | July 27, 2020

Gemspring Capital, a middle-market private equity firm, is pleased to announce its acquisition of Cforia Software, LLC (“Cforia”), a leading provider of order-to-cash (OTC) automation software. Based in Westlake Village, CA, Cforia’s OTC automation software platform improves collections and cash management for B2B customers globally. Co-founders Chris Caparon and Dave McIntyre designed the Cforia platform to allow companies to accelerate the conversion of accounts receiv...

FINANCIAL MANAGEMENT

Barracuda Networks, KKR and Thoma Bravo | August 18, 2022

KKR, a leading global investment firm, and Barracuda Networks, Inc. (“Barracuda” or the “Company”) a leading provider of cloud-first security solutions, today announced that KKR’s investment funds have completed an acquisition of Barracuda from Thoma Bravo, a leading software investment firm. Financial terms of the transaction were not disclosed. Barracuda is a cloud-first provider of cybersecurity solutions for small and medium sized enterprises (SME...

FINANCIAL MANAGEMENT, INVESTMENTS

WaveBL and Surecomp | January 27, 2023

Surecomp announced on January 26, 2023, that it will collaborate with WaveBL, a blockchain-based digital platform, to improve digital trade finance workflows. This will be accomplished by enabling access to electronic bills of lading via Surecomp's fintech hub, RIVOTM. Nevertheless, WaveBL's features will be available on Surecomp's collaborative trade finance platform. In fact, the bill of lading is still presented on paper under a letter of credit. Theref...