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21 May 2021
By Maynard Paton
The market is home to many companies with ground-breaking products that boast credible growth stories told by persuasive management…
…but which also need a bit more money from shareholders to see them through to profitability.
Sometimes they get the money they need and things work out.
And sometimes they get the money they need and, well, keep coming back for more.
WANdisco is one of those companies that keeps coming back for more.
Investors have handed $217 million to this software specialist since 2012…
…and yet customers, sales and profits remain extremely elusive.
But could WANdisco finally come good during 2021 after signing milestone deals with Microsoft and Amazon?
The directors are naturally optimistic, although they appear reluctant to help fund the company themselves.