Docs: Canadian PE firm PartnerOne paid $28.2M for HeadSpin, whose 2023 revenue was $21M and its Q1 2024 was $5M; HeadSpin was valued at $1.1B in 2020
Marina Temkin / TechCrunch :
PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater”
Mary Ann Azevedo / TechCrunch : X: @bayareawriter and @koolhead17 X: Mary Ann Azevedo / @bayareawriter : PartnerOne's CFO told @TechCrunch that HeadSpin was a victim of its former CEO's actions and t...
A US judge sentences HeadSpin founder Manish Lachwani to 18 months and a $1M fine over inflated financials; HeadSpin raised $117M and hit a $1.1B valuation
Manish Lachwani, who founded the software start-up HeadSpin, is the latest tech entrepreneur to face time in prison in recent years.
Court docs: how false claims and risky trades by HeadSpin's CEO and a lack of oversight by investors like GV and Iconiq Capital led to the startup's unraveling
Erin Griffith / New York Times :
DOJ and SEC charged ex-HeadSpin CEO Manish Lachwani with allegedly defrauding investors out of $80M from 2018 to 2020 in an effort to boost HeadSpin's valuation
U.S. authorities on Wednesday charged a co-founder and former chief executive of HeadSpin with defrauding investors …
HeadSpin to return ~$95M to investors and has replaced its CEO after an internal review of financial irregularities; its valuation now down from $1.16B to $250M
HeadSpin, a mobile app testing company recently valued at $1.16 billion, plans to return up to $95 million in funding to investors … Tweets: @om , @yongfook , @fansince09 , @edbott , @mrinaldesai , @r...
App performance platform HeadSpin raises $20M Series B at a $500M valuation after exiting stealth last year
HeadSpin has closed a $20 million Series B, valuing the provider of mobile application performance software at $500 million. New investors ICONIQ Capital, Battery Ventures …