Wherescape gets new venture capital injection, IPO still on the cards

Tue, 13 Jan 2015

By Fiona Rotherham Jan. 14 (BusinessDesk) - Wherescape, the data warehousing company, has had a fresh injection of capital from its venture capital backer Pioneer Capital, but is still considering a public listing later in the year. The Auckland-based company, whose customers include Tesco, Sainsbury’s, Spark New Zealand and Volvo, backed off an initial public offer last year following a spate of other growth company listings on the NZX. The Australian Financial Review said the company had planned a $40 million offer, valuing the company...

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