Dallas-based o9 Solutions plans to invest most of its new $116 million in capital into its artificial intelligence-powered business platform called the “Digital...
Its president and chief operating officer Igor Rikalo said the investment reaffirms the company’s potential. o9 reported year-over-year growth of 55% in annual recurring revenue through the first six months of 2023, following a 65% increase last year.
“I think it validates our business strategy and the trust that our investors have put in us,” Rikalo said. “It also validates the potential market opportunity that we have in front of us and the ability to have meaningful investments, both from a product and go-to-market perspective.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dallas police investigating three women's deaths in Southwest DallasDallas Police say at this time there is no evidence that the three deaths are connected, but they are under investigation.
Read more »
The Complete History of EmojiThe tiny, emotive characters—from 😜 to 🎉 to 💩—represent the first language born of the digital world, designed to add emotional nuance to otherwise flat text. This is how the emoji was born! WorldEmojiDay
Read more »
Major Ethereum Whale Awakens After 8 Years of DormancyParticipant in Ethereum's initial coin offering (ICO) from eight years ago has come out of dormancy, depositing monumental 61,216 ETH (worth approximately $116 million) into cryptocurrency exchange
Read more »
Pre-mined Ethereum Reawakens, ETH Stays Steady Over $1,900This came to light following another significant development - an Ethereum whale, with a colossal 61,216 ETH ($116 million), ended an eight-year hiatus
Read more »
Smart living solutions can help tackle climate changeInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »