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Wandisco, the Sheffield and California big data specialist, has signed a new debt facility with the Silicon Valley Bank.

The facility replaces an existing HSBC facility that is due to expire on 30 June 2017. The new facility will mature on 1 April 2021.

The facility comprises of up to $5m available as a term debt facility, with an interest-only period to 31 May 2018.

In addition, there will be up to $3m available through a revolving credit facility secured by qualified accounts receivable.


26 June 2017 - Clare Burnett, The Business Desk
Coverage

Data replicator WANdisco has won a US$2mn contract with a "major American multinational retail corporation," claimed to be "one of the world’s largest retailers".

That sounds like a Walmart/TJX Cos-class organisation. It’s unlikely to be Amazon.

15 June 2017 - Chris Mellor, The Register
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15 June 2017 - John Harrington, Proactive Investors
Coverage

The name of the customer wasn’t revealed, but WANdisco did say that it was a “major American multinational retail corporation”.

AIM-quoted WANdisco said it would receive the full payment up front in 30 days’ time.

14 June 2017 - Tom Howard, Proactive Investors
Coverage

The company’s founder won a bruising leadership battle last year when WANdisco’s then chairman abruptly fired him after years of losses and share price declines, only for Mr Richards to return with support from big shareholders a week later.

24 April 2017 - James Titcomb, The Daily Telegraph
Press Release

London, UK - WANdisco (LSE: WAND), the market leader in Active Data Replication, is pleased to announce the release of WANdisco Fusion® 2.10. WANdisco Fusion® 2.10 adds support for seamless data replication at petabyte scale from Network File Systems (NFS) for NetApp devices to any mix of on-premises and cloud environments.

28 March 2017
Coverage

WANdisco, a world leader in active data replication, is hoping to fill the vacancies in the coming months as it responds to the growing demand on its technological capabilities.

The additional posts means the company will expand its workforce at its Belfast office - located at the Gasworks in the south of the city - by 50% this year.

21 March 2017 - Lisa Smyth, Belfast Telegraph
Coverage

Data for the enterprise is now a currency of its own, yet many companies and institutions are still trying to navigate the moving of large volumes of data from on-premise to the cloud in an effort to capitalize on the value of data stored in many locations.

10 March 2017 - Marlene Den Bleyker, SiliconANGLE
Coverage

The Sheffield-based firm reported a rise of 4 per cent in revenue to $11.4m in the year ended 31 December 2016. While total bookings for the year increased 72 per cent to $15.5m up from $9m the previous year. 

Big data and cloud bookings rose 184 per cent to $7.1m, up from $2.5m in 2015, and Application Lifecycle Management (ALM) bookings rose 29 per cent to $8.4m.

08 March 2017 - Greg Wright, The Yorkshire Post
Coverage

“The most important thing is that in 2016 we neutralised costs. In the fourth quarter we reduced cash burn to $200,000 from $6.9 million a year earlier. That surprised virtually everybody in the market,” he says. 

04 March 2017 - Alexandra Frean, The Times
Press Release

SAN RAMON, CA - WANdisco (LSE: WAND), the world leader in Active Data Replication™, is pleased to announce it is supporting a major European project, led by the University of Sheffield, which could make it easier for doctors to spot the early signs of dementia.

02 March 2017
Coverage

Only three months after an extraordinary boardroom battle, WANdisco, which helps businesses to move data from their old systems to cloud servers, said that bookings had nearly doubled in the fourth quarter, rising from £3.1 million to $6.1 million.

Total bookings for the full year in 2016 rose 72 per cent to $15.5 million. The company cut costs dramatically and ended the year with a $7.6 million cash balance, up from $1.1 million at the end of the first half, thanks also to a $15 million placing announced in June.

17 January 2017 - Alexandra Frean, The Times
Coverage

The Sheffield-based firm said bookings reached a record level in the last quarter of 2016, rising 97 per cent to £5m. Over the year as a whole, they rose 72 per cent to £13m as partnerships with IBM, Oracle and Amazon contributed to its performance. 

The group’s shares rose 22 per cent to close the day up 50p at 274p. WANdisco said a strong order book and sales pipeline underpin its medium term growth expectations. 

16 January 2017 - Ros Snowdon, The Yorkshire Post
Coverage

Bookings for the full year were up 72pc to $15.5m (£12.9m) from $9m in 2015, while the company also secured record bookings in the fourth quarter of last year, up 97pc to $6.1m from $3.1m in the same period in 2015.

The results sent the company’s shares soaring to 261p, and bring WANdisco a step closer to posting a profit for the first time since it became a publicly listed company in 2012.

The news also comes just three months after it was plunged into turmoil when chief executive and co-founder David Richards wasforced out of the group after 11 years at the helm.

16 January 2017 - Sam Dean, The Daily Telegraph
Coverage

Sheffield-based WANdisco is using its expertise to support a European Union (EU) funded initiative which could make it easier for doctors to spot the early signs of dementia, a disease which killed more than 61,000 people in England and Wales last year.

A WANdisco spokesman said: “Dementia develops as a result of the interaction of genetic, non-genetic and environmental factors.

“Large quantities of the behavioural, genetic, environmental and clinical data relating to those factors is already being generated in laboratories all over the world." 

06 January 2017 - Greg Wright, The Yorkshire Post
Coverage

WANdisco, which provides continuous availability software for global enterprises to move data without disruption, said it will supply its patented cloud product, WANdisco Fusion, rebranded as IBM Big Replicate, direct to the customer.

The agreement is valued around $1 million in royalties to be paid to WANdisco.

At 0816 GMT, shares were up 7.5 pence, or 3.8%, at 205 pence.

19 December 2016 - Philip Waller, The Wall Street Journal
Coverage

Amazon Web Services’ explosive growth over the past 10 years is nothing but remarkable. What is the secret sauce for AWS? Taking an inside look through the eyes of one partner reveals that the company is data driven and extremely black and white when it comes to the decision-making process.

03 December 2016 - Marlene Den Bleyker, SiliconANGLE
Coverage

David Richards took his neighbour’s Tesla for a spin around the roads of San Francisco’s East Bay last weekend. “It really hacked me off,” says the chief executive of WANdisco, an AIM-listed technology company that helps businesses move data from their old systems to cloud servers.

“I tried out the automated mode. The car was blasting through ‘stop’ signs, it was veering onto the other side of the road. I was shocked.”

06 November 2016 - Oliver Shah, The Times
Coverage

Analysis How is replication software supplier WANdisco doing after the chairman fired the CEO and then the fired CEO came back and fired the chairman?

03 November 2016 - Chris Mellor, The Register
Coverage

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07 October 2016 - Alexandra Gee, WANdisco