Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Sprinklr, a $1.8 billion social media marketing startup, is being sued for $50 million for allegedly stealing another startup's technology

Published by Business Insider on Thu, 16 Nov 2017


Sprinklr, a $1.8 billion social media management startup, is being sued by Portland, Oregon-based Opal Labs, which accuses Sprinklr of stealing its intellectual property.The lawsuit alleges that one of Sprinklr's workers illicitly used an Opal employee account to view confidential information about Opal's marketing software.Opal is seeking $50 million in damages from Sprinklr. Sprinklr, a New York startup whose technology helps corporate customer service representatives monitor social media interactions, is facing a lawsuit over a partnership gone sour.Opal Labs, a Portland, Oregon-based marketingtechnologyfirm, is suing Sprinklr for $50 million, accusing Sprinklr of stealing itsintellectual property. The lawsuit was filed on September 7 in the Multnomah County Circuit Court in Oregon, but wasn't widely publicized until this week."In an effort to extend its dominance into the marketing collaboration software and related services fields, [Sprinklr] has raided and hopes to crushOpal," the lawsuit reads.The suit, a copy of which was attained by Business Insider, describes a mutually beneficialpartnership between the two companies that took a turn around 2016, when Paul Herman, an employee of one of Opal's clients, allegedly passed along administrative credentials to a Sprinklr employee. The Sprinklr employee used those credentials to log into Opal's systems and view proprietary information about Opal's software, the lawsuit charges.Opal contends in the lawsuit that Sprinklr is developing a marketing product similar to its own that it could not havecreated without snooping on Opal's system.Herman left a program director role at Nike in February 2017 to joinSprinklr as a full-time employee, according to his LinkedIn profile. Currently,he's Sprinklr's vice president of its product and solutions enablement group.Sprinklr, which raised $105 million last year at a valuation of $1.8 billion, did not respond to multiple requests for comment. Among the company's customers are Nike and McDonalds.SEE ALSO:MarTech firm Sprinklr raises $105 million at a $1.8 billion valuationJoin the conversation about this storyNOW WATCH: What it's like to fly on North Korea's one-star airline
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs