WANdisco has signed a deal with US giant General Motors as it bounces back following a fraud controversy.
Earlier this year it was revealed that a senior sales employee had falsified purchase orders, leading to a suspension in trading in its shares at the end of March.
The Sheffield company, which also has a HQ in California, then raised $30 million in emergency funding from existing investors as the end of its funding runway heaved into view.
High-profile tech executive Stephen Kelly, former CEO of Sage, was confirmed as CEO following the departure of founder Dave Richards, with former Blue Prism figure Ijoma Maluza joining as CFO and the non-executive board also shaken up.
Despite cutting around a third of its workforce as part of a restructuring plan, it has now secured a multi-project contract with GM, parent company of car brands including Cadillac and Chevrolet.
The master licence agreement will move petabyte-scale data to the Microsoft Azure Cloud using WANdisco Data Migrator for Azure. The first phase of the deal has a value of $400,000.
Ironically it is filling a hole left by Manchester-headquartered transport data firm Wejo, which collapsed into administration in recent months.
“The simplified structure of the deal on the Azure Marketplace strongly supports the power of WANdisco’s partnership go-to-market model with leading cloud service providers to seamlessly deliver high impact data integration solutions that accelerate business impact,” the company said.
Shares in WANdisco climbed from under 80p to 92p following the announcement.