NEWS Coverage

WANdisco: We need cash-o. About $10m would.. wahey... $22m

December 05 2017

Sheffield-based replication supplier WANdisco, which was hoping to raise $10m to grow the company yesterday, has raised $22m from its share sale.


Yesterday, the software dev was looking for $10m via a projected equity raise, by selling about 1.045 million existing ordinary shares at the price of 550 pence. Because of demand, the size of the placing was later increased to 2.9 million new shares - also at 550 pence per share. This means, depending on a share placing, it'll grab an extra £12m.


WANdisco said it was experiencing rapid organic sales growth of its Fusion replication product, helped by Dell and IBM OEM deals. There are other reselling partnership deals, including Amazon Web Services, Cisco, Google Cloud, HPE, Microsoft Azure and Oracle.


The equity sale proceeds will be used to invest in the company's strategic partner sales channel, by hiring more channel managers to increase partners' focus on WANdisco products and to strengthen existing relationships. Extra engineering staff increase development capacity and testing, allowing for parallel efforts with multiple partners instead of a slower serial approach presently.


Also WANdisco will look to establish new strategic partnerships.

Read more



Get notified of the latest WANdisco Blog posts and Newsletter.

Terms of Service and Privacy Policy. You also agree to receive other marketing communications from WANdisco and our subsidiaries. You can unsubscribe anytime.

06th - 07th October 2022 | TORONTO

Big Data + AI 2022 Toronto Speaking session and space

23rd November 2022 | LONDON

Migrating Edge Data to the Cloud Roundtable

Cookies and Privacy

At WANdisco, we respect your concerns about privacy and value the relationship that we have with you.

Like many companies, we use technology on our website to collect information that helps us enhance your experience and our products and services. The cookies that we use at WANdisco allow our website to work and help us to understand what information and advertising is most useful to visitors.

Please take a moment to familiarise yourself with our cookie practices and let us know if you have any questions by getting in touch through any of the methods listed on our "Contact Us" page.

We have tried to keep this Notice as simple as possible, but if you’re not familiar with terms, such as cookies, IP addresses, and browsers, then read about these key terms first.