London-based Vertice has raised $50 million in Series C funding led by Lakestar, valuing the company at $500M. The AI-driven platform optimizes SaaS and cloud spending, offering 20-30% savings and halving procurement cycles. By analyzing $3.4B in SaaS data and benchmarking 16,000 vendors, Vertice empowers enterprises like Santander and ASML to streamline expenditure. The funds will fuel global growth amid rising IT spending projections.
GoDaddy has contributed $520,000 to The WP Community Collective to enhance WordPress development and support open-source innovation. Alongside funding initiatives like PHP Standards and W3C, GoDaddy backs 46 contributors through the Five for the Future program, pledging 255 weekly hours. “WordPress is vital to the web,” said Paul Bindel, GoDaddy President of Partners, emphasizing the company’s commitment to fostering inclusivity and innovation in the WordPress ecosystem.