Augment

Olo announces the terms for its IPO, Vendr announces a $60 million Series A funding round


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The New York based company, Olo,  that provides a SaaS platform to restaurants for online ordering and delivery, has announced the terms for its IPO. Olo is looking to raise $306 million by offering 18 million shares at a price range of $16 to $18. Olo would have a fully diluted market value of $3.1 billion at the midpoint of the proposed range. By the end of last year, Chilli’s, Wingstop, Shake shack were all using Olo’s platform for their business’. Olo helps restaurants with an enterprise grade saas platform to manage their digital business’K2fly, a new type of global software company that delivers enterprise-wide technical assurance solutions for environment, social and governance (ESG) performance has announced that it has closed a 5-year resource inventory management software SaaS contract with Coeur Mining Inc. which will be rolled out to all five of its locations. Coeur is a precious metals mining company listed on the New York Stock Exchange (NYSE). 

Survey Sparrow, An Omni-channel Experience Management Platform, decided to go the extra mile as part of their women’s day recruitment initiative. They announced a joining bonus of 50,000 rupees (Just over 700 dollars) to women who have applied for jobs in product development, quality assurance and technical writing roles on or before March 15 and ready to join the company by April 15th. They are looking to fill up to 50 vacancies. CEO of Survey Sparrow said that as a company, they have tried to bridge the gender gap in the organisation and hope this initiative will help them reach a 50:50 ratio from the current 70:30 favouring men at the moment.

SaaS And Enterprise Software Veteran Lisa Schreiber joins BlackLine as chief customer officer. With over 20 years experience in SaaS and Enterprise Software, the company is looking towards Lisa to oversee it’s Implementation, Strategic Innovation, Customer Success, Support and Training teams as the accounting automation software leader continues to transform the way Finance and Accounting departments work.

Vendr has announced a $60 million Series A funding round. This funding round was led by Tiger Global, along with existing investors, Y Combinator, Sound Ventures, Craft Ventures, F-Prime Capital and Garage Capital. This comes after Vendr has successfully raised a Seed round of just over 6 Million Dollars by the middle of 2020. 

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AugmentBy PeopleAtom