Concept

WANdisco

Résumé
WANdisco, plc. develops technology that moves large Internet of Things (IoT) datasets, edge data, and Hadoop. The company is dual-headquartered in Sheffield, England and San Ramon, California. History The name WANdisco is an acronym for wide-area network distributed computing. WANdisco was co-founded in 2005 by David Richards and Dr. Yeturu Aahlad. They grew the company without raising any private equity, venture capital, or angel funding and led it to a successful IPO on the London Stock Exchange on June 1, 2012. In 2012, WANdisco acquired AltoStor and entered the big data market with its non-stop Hadoop product. In July 2023, WANdisco announced it had successfully completed a $30m equity fundraise. It also stated that an application had been made to the London Stock Exchange for the companies shares to be admitted to trading on AIM on 7 July 2023. Share suspension On March 9, 2023, the company's shares were suspended from trading in London, citing potentially f
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