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Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
“I wouldn’t be a bit surprised if there wasn’t some kind of federal criminal investigation that follows as well,” Fresno Mayor Jerry Dyer said.
A federal bankruptcy judge has approved the terms of a $20 million settlement that will benefit former Bitwise Industries employees who abruptly lost their jobs when the Fresno-based technology ...
As the fallout continued from the financial demise of Fresno-based Bitwise Industries, its parent company BW Industries Inc. was just one of five related entities to file for ... BWRD LLC: Total ...
The company operates from an office in Bengaluru’s Ibbaluru, Bellandur area. [4] [8] In August 2023, it was announced Navi Group had sold Chaitanya Microfinance to the Mumbai-headquartered microfinance company, Svatantra Microfin for $178.5 million.[30] On 12 March 2022 Navi filed a draft for an INR 3350 crore IPO. [9]
The high-profile Fresno company that once championed itself as a hub for technology education and innovation collapsed on May 29, 2023, after going broke. About 900 people lost their jobs.
Authorities reported that they could each face a maximum penalty of 20 years in prison.
DocStar was formerly known as BitWise Designs Inc. and was founded in 1985, by Rensselaer Polytechnic Institute students John Botti and Ira Whitman. In 1992, BitWise began public trading under the stock symbol BTWS. In 1994, the document imaging division of BitWise was founded as DocStar.