Daily Page 5/30: Comcast to try selling movie tickets through X1; Bensalem's SimpleTire receives "significant investment"














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PhillyTechNews Daily Page 5/30: Universal Display Stock Jumps On Apple iPhone Report; Salesforce up after results, forecast



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Drawing the Future of Shopping With Michael Rubin (Wall Street Journal)




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PhillyTechNews Daily Page 5/26




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PhillyTechNews Daily Page 5/25: Atlantic City Apple store shutting down; Charter accuses New York Attorney General of conspiring with 'cabal' of Tim Wu, Netflix and Google;










You probably didn't know Atlantic City had an Apple store.




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PhillyTech People News 5/25: Amazon clothing exec takes helm at QVC's Zulily; NBC exec will co-manage TV at Amazon

C



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PhillyTechNews Dally Page 5/24: Microsoft and Publicis double down on AI, enterprise and cloud services; the end of StumbleUpon.



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PhillyTechNews Daily Page 5/23: Health IT Summit in Philadelphia discusses Blockchain; Verizon Drops Plan to Build its Own OTT TV Service




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Concentra Analytics, UK enterprise SaaS company with US base in Philly, gets $56.4 million investment

Tom Paine




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Companies such as SAP and Qlik both started US units around Philly when they were still relatively small outfits from Europe. Now another young, promising import with deep funding is growing in Philly.

Concentra Analytics, a London-based SaaS and data analytics company, attracted a $56.4 million investment led by One Peak Partners , with paticipation from Morgan Stanley Expansion Capital and others. Concentra’s flagship product, OrgVue, is a leading solution for HR analytics, organisation design and workforce planning.

Concentra's US base is in Philadelphia, with offices at 1600 Market Street. According to LinkedIn, it appears to have about 10 employees based here (out of 170 globally). Russ Clarke is President, North America for Concentra OrgVue.

Concentra says revenue would be around 20 million pounds ($27 million) this year, up from 8.3 million pounds two years ago.

A major planned use of the new capital is international expansion.

“We’ve been cautious to date and that was prudent,” Concentra founder & CEO Rupert Morrison told Reuters. “But we’ve proved that we can make a profit, we’ve proved that we can scale and grow and have a world beating product, and now is the time to try and grab the market as fast as possible.”


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PhillyTechNews Daily Page 5/20: Happy #ClinicalTrialsDay, Comcast still plotting v Disney for Fox




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Sungard AS sells Assurance software business to Atlanta PE firm

Tom Paine




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Sungard Availability Services (Sungard AS), Wayne, has sold its Assurance Business Continuity Management Planning (BCMP) software business to an Atlanta private equity investor, Resurgens Technology Partners.

Sungard originally acquired the businesss, then known as Strohl Systems , in 2008. During its ownership Sungard helped Strohl convert from an on-premise product to being a completely SaaS-based solution. Assurance helps customers plan for recovering from major business disruptions. Sungard apparently wants to focus on offering availability services rather than software.

Assurance Software will remain in Wayne, while emphasizing strengthening partnerships with companies including Sungard AS and Dell Boomi.

Sungard Availability was spun off from SunGard Data Systems in 2004. At that time it had about $1.4 billion in revenue and was transitioning to supporting cloud environments. However, since the spinoff Sungard AS has not made much financial information available publicly.



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