close
MENU
3 mins to read

Powerhouse company Veritide gets emergency funding – on one condition

Tough decision for chairman.

Tue, 05 Dec 2017

Veritide has survived a cash crunch after being granted a tide-over loan from major investor Powerhouse Ventures.

But the money came with a proviso: Chairman Keith McConnell had to go (according to Mr McConnell’s account).

On November 23, NBR revealed Veritide was almost out cash, with its

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Powerhouse company Veritide gets emergency funding – on one condition
72143
true