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Catalina Bankruptcy Erases $1.6 Billion in Debt

December 13, 2018
So far this week, you haven’t been interested in funding or acquisitions, Dear Reader. Let’s try a nice bankruptcy: Catalina, best known for supermarket cash register coupons, filed for Chapter 11 yesterday to erase $1.6 billion of its $1.9 billion debt. The pre-packaged restructuring will let the company focus on digital media and selling its vast trove of consumer data. Catalina is owned by private equity firms Berkshire Partners LLC and Hellman & Friedman LLC.
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Anagog Enables Personalization Without Sharing Data

December 13, 2018
How about something completely different? Anagog lets companies deliver personalized, context-sensitive services on a mobile phone without moving personal data off the handset. The trick is an engine that runs on the device itself, tracking detailed behaviors but only exposing a summary profile and predictions to external systems.  Let that sink in: “absolutely no reliance on the cloud” is now a selling point. Can “absolutely no AI” be far behind?
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Workato Integration Platform Raises $25 Million Series B

December 11, 2018
It’s shaping up to be another slow news week, Dear Reader. But before I resort to surveys, here is some investment news that’s still fresh enough to mention. Here’s a $25 million Series B for data integration platform Workato, which automates data flows between business processes. Previous investors included Salesforce, which now owns Workato competitor Mulesoft. Salesforce didn’t participate in the latest round.
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