A vendor that has significant longevity and that celebrated its 27th years anniversary this year – so long in fact that even I competed with it back in my days at TransEnergy – is Amphora. In the relatively recent past, Amphora was the subject of a change of ownership because of which, Chris Mudry came in as CEO, and I spoke with Chris recently to discover a bit more about this event and Amphora’s subsequent turn around and growth in the context of looking at the importance of vendor funding. In the instance of Amphora, the buyout and subsequent funding was performed by private investors closely associated with the industry and with the Amphora solution. They remain the owners and funders today and there is no doubt that Amphora has benefited from their ownership and Chris’s stewardship of the business. Back in 2018, Patrick Reames penned an article about Amphora being acquired by what he described as ‘experienced investors in the commodity and technology space.’ Amphora had been on the verge of failure and bankruptcy and, as Patrick wrote back then, “multiple sources indicated that the company’s ownership structure had made a deal difficult to navigate and had consistently frustrated… continue reading