Guiteau’s “Inside the bad side something’s good” might be the motto at Atlanta-based Terminus Software, which followed a quiet 15% layoff last May with an equally unannounced $24 million funding in January. Don’t confuse them with Dublin-based TerminusDB, which just announced a new “open-source, headless, and developer-focus content and knowledge management system”. As Guiteau would say, “I am so glad.”
“Get off your backside, shine those shoes,” counsels the ever-optimistic Guiteau. Media agency GroupM is taking that advice to heart in the battle against global warming, with an update to its advertising carbon impact calculator. The new version offers channel-level measurements and uses supply chain emissions data from Scope3.
B2B data and tech company Demandbase announced $175 million in new financing from Vista Credit Partners. It’s the company’s first raise since 2017 and more than doubles total funding to $318 million. Demandbase is one of relatively few martech firms to take major new funding this year.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.