Investors snap up UK cloud player Rivo for reported £20m

Hannah Breeze
clock •

Warwick-based cloud provider eyes global expansion following private equity buyout

Cloud analytics software firm Rivo has been snapped up by investors for a reported £20m in order to grow the company's global footprint. Tech investors Kennet Partners and Fidelity Growth Partne...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Cloud to become business necessity by 2028 - Gartner

Research

Cloud to become business necessity by 2028 - Gartner

Global public cloud services spending is set to total $679bn in 2024

clock 29 November 2023 • 2 min read
Worldwide public cloud end-user spending to reach nearly $500bn this year

Financial and Reporting

Worldwide public cloud end-user spending to reach nearly $500bn this year

Gartner predicts a 20.4 per cent growth in spending in 2022

clock 19 April 2022 • 2 min read
Gartner: Technology service providers risk becoming 'obsolete' if they do not adapt to cloud shift

Technology and Trends

Gartner: Technology service providers risk becoming 'obsolete' if they do not adapt to cloud shift

New research shows that that enterprise IT spending on public cloud computing will overtake spending on traditional IT in 2025

clock 09 February 2022 • 1 min read
Hannah Breeze
Author spotlight

Hannah Breeze

View profile
More from Hannah Breeze

CSPs are missing out on the SMB opportunity

Keep calm and carry on

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

Get the newsletter

More on Vendor

Amazon CEO: 5 big trends fueling 'multi-billion-dollar' AI AWS sales
Vendor

Amazon CEO: 5 big trends fueling 'multi-billion-dollar' AI AWS sales

From Amazon Q and SageMaker to customer buying trends in 2024, Amazon CEO Andy Jassy explains why AI has already generated “a multibillion-dollar revenue run rate” for his company

Mark Haranas
Mark Haranas
clock 10 May 2024 • 5 min read
Boomi acquires APIIDA's federated API management business to unify API lifecycle
Vendor

Boomi acquires APIIDA's federated API management business to unify API lifecycle

The acquisition aims to consolidate API products within a single end-to-end platform

Andrea Gaini
Andrea Gaini
clock 09 May 2024 • 2 min read
SoftBank in advanced talks to buy British AI chip designer Graphcore: report
Vendor

SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

Dylan Martin
clock 09 May 2024 • 2 min read