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19 February 2021 | 13:51pm
StockMarketWire.com - Luxury carmaker Aston Martin Lagonda has announced that Amr AbouelSeoud, who has served as a director of the company since 7 September 2018, has stepped down from the board with effect from 18 February 2021.
Aston Martin Lagonda announced that the shareholding of the Adeem/Primewagon shareholder group is now less than 7% of its issued share capital.
In accordance with the relationship agreement between the company and the Adeem/PW Group, AbouelSeoud, the representative director of the Adeem/PW Group, agreed to step down and the relationship agreement has been terminated.
AbouelSeoud was the longest serving director within the group since March 2007.
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Cloud backup startup OwnBackup Ltd., a firm centered on Salesforce.com Inc.’s platform, today said it has raised $167.5 million in new funding to support ongoing investments in global expansion and extend its platform to help companies secure their software as a service data.
The Series D round was co-led by Insight Partners, Salesforce Ventures and Sapphire Ventures, and included Innovation Endeavors, Vertex Ventures and Oryzn Capital. The round valued OwnBackup at $1.4 billion, giving the company unicorn status for the first time.
Founded in 2012, OwnBackup offers cloud-to-cloud backup services on the Salesforce platform via the Salesforce AppExchange. The company’s service provides secure and automated daily backups of SaaS and platform as a service data as well as data comparison and restoration tools for disaster recovery.
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