Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest […]
Software maker CDK says it will take “several days” to bring its systems back online following back-to-back cyberattacks, as car dealerships and auto shops around the U.S. reliant on the company’s software enter a second week of disruption. In a statement, CDK spokesperson Lisa Finney confirmed that the company has “begun the restoration process” of
Car dealership outages drag on after CDK cyberattacks Read More »
Auto retailers and car dealerships across the U.S. are facing another day of outages after a second cyberattack hit tech company CDK Global, which develops software used for managing auto customers and their vehicles. In a message from CDK sent to customers Thursday, the company said the additional cyberattack late Wednesday may result in extended
US car dealerships face ongoing outage after CDK cyberattacks Read More »
