WANdisco

Stephen Kelly has reflected on Cirata's latest financial figures

Cirata boss admits to 'disappointing' figures for 2024 but promises 'new chapter...
The boss of a Yorkshire tech firm which was subject to a major fraud scandal has admitted to “disappointing" financial figures for 2024 but pledged the company ...

Cirata boss Stephen Kelly says the business has been through 'trauma' with mass job cuts but is now on the right path

Yorkshire tech firm cuts 100 jobs as workforce halved in wake of fraud scandal

Stephen Kelly is CEO of Cirata. Picture: Helena Smith

Survival of Yorkshire tech firm after sales scandal 'a miracle', claims CEO

Joseph Leek, executive director of PureAlign, left; David Richards MBE, managing partner of Yorkshire AI Labs and William Wraithwood, executive director of PureAlign. Picture: Ian Day Media

Orthodontic tech firm launches AI-powered clear aligners to reduce waste

Chris Burn is Head of Business and Features for The Yorkshire Post. Picture Tony Johnson

Return of David Richards will be one to watch in 2024: Chris Burn

Cirata CEO Stephen Kelly has said the firm is moving in the right direction after a difficult year. Picture: Helena Smith

Cirata 'getting off the canvas' in wake of WANdisco scandal, new CEO claims

IntelliAM Launch at 53 North, LtR chief operating officer Keith Smith, CEO Tom Clayton, and chairman David Richards. Picture: Andy Garbutt

Yorkshire AI Labs announces first investment in firm supporting food giants

Former WANdisco boss David Richards pictured at the Cutlers Hall, Sheffield. Picture taken by Yorkshire Post Photographer Simon Hulme

David Richards opens up about losing £20m from ‘devastating’ WANdisco scandal

David and Jane Richards pictured in 2020. Picture: Bruce Rollinson

Scandal-hit tech firm urged to hand over 12,000 emails about ex-CEO's wife

Always an Alternate CEO and founder Anthony Olaseinde (left) with David Richards.

Laptops for All donates devices to youth violence charity Always an Alternative

In March, WANdisco uncovered “potential fraudulent irregularities” in its reported sales and revenues. (Photo by Dominic Lipinski/PA Wire)

WANdisco rebrands as Cirata after 'traumatic' period

Young people taking part in a community educational project at Wentworth Woodhouse

Ex-WANdisco boss's charity donates £10,000 to Wentworth Woodhouse

Losses have deepened for software group WANdisco in the last six months following the exposure of an apparent fraud in March.

Losses deepen at data specialist WANdisco following 'fraudulent irregularities'

Sheffield-based data firm WANdisco has announced a new deal with General Motors.

WANdisco announces 'significant' new data contract with General Motors

David Richards, WanDisco.
8th March 2022. Picture Bruce Rollinson

Former bosses have 'robustly rejected' request to repay bonuses, says WANdisco

David Richards, former chief executive officer of WanDisco, has been asked to return his 2022 bonus. Picture: Bruce Rollinson

Scandal-hit WANdisco calls on former bosses to return £650,000 bonus payments

Reece James and George Byers celebrate Sheffield Wednesday's promotion in the new EyUp-sponsored shirts they will be wearing for the 2023/24 season. Picture: Steve Ellis

WANdisco board 'not informed' of £560,000 Sheffield Wednesday sponsorship deal

David Richards is the former chair and chief executive of WANdisco. Picture Bruce Rollinson

WANdisco paid £646,000 in bonuses to senior bosses despite £24.5m loss

WANdisco has announced the successful completion of a $30m equity fundraise

WANdisco applies to resume share trading following $30m equity fundraise

The interim chief executive of data company WANdisco described 2022 as ‘wasted’ but promised a ‘real transition year’ for 2023 as the company looks to recover in the wake of a financial scandal.

WANdisco: Interim CEO describes 2022 as "wasted" as he reveals financial results

In an announcement issued to the London Stock Exchange, WANdisco has announced that it is set to work with one of Australia’s leading banks in a deal worth $113,125.

WANdisco announces deal with top Australian bank as turnaround plan commences
Software firm WANdisco has announced that it is set to work with one of Australia’s leading banks in a deal worth $113,125.
Michael Crossland

WANdisco will continue with the next phase of its fundraising plan to raise up to $30m and lift the current suspension of the company's shares.

Software firm WANdisco plans to change its name as part of turnaround plan

An announcement of the vote result was made to the London Stock Exchange

Scandal-hit WANdisco wins shareholder backing for $30m equity fundraise

WANdisco, the data activation platform, is pleased to announce its intention to appoint Stephen Kelly as Interim Chief Executive Officer

WANdisco plans equity fundraise of $30m towards end of June

WANdisco, the data activation platform, is pleased to announce its intention to appoint Stephen Kelly as Interim Chief Executive Officer

WANdisco to appoint interim CEO as it focuses on work to lift share suspension

Activity also continues to progress on various workstreams with the objective to lift the suspension of the company's shares as soon as is practicable, WANdisco said

WANdisco reveals plans to reduce headcount by around 30 per cent

A statement has been made to the London Stock Exchange (Picture: TOLGA AKMEN/AFP via Getty Images)

Single employee responsible for tens of millions of 'false' WANdisco sales

WANdisco, the data activation platform, has been notified by the Financial Conduct Authority of its commencement of an investigation into the company.

Financial Conduct Authority launches investigation into WANdisco

David Richards, Co-founder and Chief Executive Officer and Erik Miller, Chief Financial Officer, have decided to step down from the WANdisco Board and leadership team, effective today, the City has been told

David Richards to step down from the WANdisco board

Technology firm WANdisco has appointed business consultancy FRP Advisory to lead an independent investigation into “potentially fraudulent irregularities” at the company. Picture by Gerard Binks

Technology firm WANdisco appoints independent investigators

In a statement, WANdisco said: "Following investigations undertaken by the CFO and CEO, and as reported to the board of directors of the company significant, sophisticated and potentially fraudulent irregularities with regard to received purchase orders and related revenue and bookings, as represented by one senior sales employee, have been discovered."

WANdisco suspends shares from trading on AIM

David Richards, WanDisco. Picture Bruce Rollinson

WANdisco exploring the option for additional listing of shares in US
WANdisco, the data activation platform, has confirmed it is in the early stages of exploring the option of an additional US listing of its ordinary shares.
Greg Wright

TEDxSheffield is returning to the city after nine years.

TEDxSheffield returns to the city after nine years

David Richards, chief executive of WANdisco

Meet Yorkshire's new $1bn public company

David Richards of WanDisco.
Picture Bruce Rollinson

Yorkshire tech boss shares insight into Microsoft outage 'chaos'

Our business staff consider the quoted companies which are likely to prosper in 2023

The Yorkshire Post's share tips for 2023

David Richards of WanDisco.
Picture Bruce Rollinson

WANdisco signs an agreement worth $31m with global telecommunications supplier

An estate in Sheffield is to be given free internet in a trial scheme

Resident of Yorkshire estate to be given free internet in trial scheme

David Richards (left) and Professor Koen Lamberts at Kelham Island Museum

'Pioneering' AMRC Data Cloud scheme launched at Kelham Island Museum

David Richards of WanDisco.

WANdisco secures record quarterly bookings as product 'resonates' with customers

David Richards, CEO and Co-founder of WANdisco said: “We are pleased to announce this follow-on deal with a key client."

WANdisco signs follow-on agreement worth $7.1m

David Richards, Picture Bruce Rollinson

WANdisco in Sheffield signs largest ever contract

David Richards at WANdisco.

Live data firm WANdisco secures $1.1m contract with top five Canadian bank

WANdisco CEO and Chairman David Richards, commented: "This contract is the latest proof point of the meaningful momentum we are seeing in the systemic market shift to IoT."

WANdisco secures contract with large European automotive components supplier

WANdisco CEO and Chairman David Richards, commented: "China remains a largely untapped market for us where we are steadily building a presence with our direct sales channel and reseller relationships."

WANdisco secures two contracts in China

David Richards, CEO and Co-founder of WANdisco said: “This $11.6m order is the third successive agreement we have signed with this customer and represents our largest ever contract to date."

WANdisco signs record $11.6m with a top ten global communications company

David Richards, CEO and President of WANdisco is the latest investor in FourJaw, a spin-out from the University of Sheffield Advanced Manufacturing Research Centre (AMRC) which uses a manufacturing data analytics platform to help companies raise their game.

David Richards of WANdisco backs Yorkshire firm which is boosting productivity

David Richards.

WANdisco made 'significant strategic progress' as it revealed revenue of $7.3m

David Richards, CEO and Chairman of WANdisco, commented: "The General Availability of LDM and LDMA in H2 last year laid the groundwork for a significant acceleration in new customer wins this quarter."

WANdisco enjoys strong trading in first quarter as it secures new contracts

David Richards: "This deal underpins WANdisco's excitement about the size of our market opportunity in cloud and IoT."

Sheffield data firm WANdisco signs new contract worth $630,000

David Richards, CEO and Co-founder of WANdisco said: “To announce such a significant follow-on deal with a global telecom firm, not even ten days after unveiling the first anchor agreement with them, speaks to the true scale of the opportunity WANdisco is targeting."

WANdisco signs agreement worth $1.2m with major global communications company

David Richards, CEO and co-founder of WANdisco, said: "We are excited to see another major telecommunications company choosing to use our solutions under our commit-to-consume model."

Data firm WANdisco announces new deal worth $1.5m

David Richards is CEO and co-founder of WANdisco.

WANdisco continued its momentum with LiveData Migrator

David Richards.

WANdisco in Sheffield enjoys strong momentum following contract wins

David Richards, CEO and chairman at WANdisco

Software firm announces a significant £2.5m contract win through IBM

Dave Richards - WANdisco

WANdisco lands deal with top five UK banking group

WANdisco's CEO and chairman, David Richards

WANdisco celebrates winning its biggest ever multi-year contract

David Richards, CEO of WANDisco, told the audience: “You wouldn’t ask if a home should have a sewage system and water?”

Why action is needed on the skills gap in tech to stop Britain falling behind

Labour shortages are hampering business progress.

One in five businesses in Yorkshire are struggling to hire staff

David Richards, chief executive and chairman of WANdisco

WANdisco reports 'disappointing' first half results

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